disclosure of fundamentals and trading transparency. Issuers may either under- or over-provide information compared to the … superior information-processing ability and trade purely to exploit it. The disclosure of financial information induces a trade … externality: if speculators refrain from trading, hedgers do the same, depressing the asset price. Market transparency reinforces …

superior information-processing ability and trade purely to exploit it. The disclosure of financial information induces a trade … externality: if speculators refrain from trading, hedgers do the same, depressing the asset price. Market transparency reinforces … this mechanism, by making speculators' trades more visible to hedgers. Hence, issuers will oppose both the disclosure of …

Disclosure period. Results show that investors “punish” firms that deliberately issue pessimistic public guidance to dampen … analysts' expectations to a beatable level in the post-Regulation Fair Disclosure Era. I find that on average, the negative …

-neutral by 2050, and constitutes, along with the Sustainable Finance Disclosure Regulation (SFDR) and the Low Carbon Benchmarks … disclosure requirements for environmentally sustainable investments, and sets out the role played by, inter alia, the Platform on …

Purpose - This paper investigates mandatory and voluntary disclosure practices of non-financial listed companies on the … Belgrade Stock Exchange. The results help in determining the level of transparency of Serbian s listed companies and in … focus on modeling both mandatory and voluntary disclosure indices for financial and non-financial information in order to …

This study assesses whether the implementation of Regulation Fair Disclosure (Reg FD) has affected the quantity and …