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information concerning product risk, and mandatory and voluntary disclosure rules are equivalent …
Persistent link: https://www.econbiz.de/10012465886
information concerning product risk, and mandatory and voluntary disclosure rules are equivalent …
Persistent link: https://www.econbiz.de/10012778097
information concerning product risk, and mandatory and voluntary disclosure rules are equivalent …
Persistent link: https://www.econbiz.de/10014055098
their private information than theory would predict. To better understand this discrepancy, I use data from an online self …
Persistent link: https://www.econbiz.de/10014037753
We analyze a duopolistic model of quality disclosure in which product differentiation can be either horizontal or vertical under two vertically differentiated product attributes. Disclosure is fully revealing in the absence of disclosure cost. When disclosure is costly, firms partially disclose,...
Persistent link: https://www.econbiz.de/10013295488
What are the welfare effects of enhanced disclosures of public information - Is it always the case, that frequent and timely publication of economic statistics by government agencies and the central bank are desirable - This question has become one of several interlinked strands of debate on the...
Persistent link: https://www.econbiz.de/10011418868
Mandatory data disclosure is an essential feature for credible empirical work but comes at a cost: First, authors might invest less in data generation if they are not the full residual claimants of their data after their first publication. Second, authors might "strategically delay" the time of...
Persistent link: https://www.econbiz.de/10010396054
Persistent link: https://www.econbiz.de/10003853926
Mandatory data disclosure is an essential feature for credible empirical work but comes at a cost: First, authors might invest less in data generation if they are not the full residual claimants of their data after their first publication. Second, authors might "strategically delay" the time of...
Persistent link: https://www.econbiz.de/10010366122
In this paper, we consider the price effects of risk disclosure. We develop a model in which investors are uncertain … risk disclosure decreases the firm's cost of capital by reducing this premium and that the market response to risk … disclosure is small when the expected level of risk is high. Moreover, we find that firms acquire and disclose more risk …
Persistent link: https://www.econbiz.de/10012971351