had on branch performance in a large distribution firm. The scheme, which is based on the Balanced Scorecard, was …

available hedge fund databases. Tracking changes to statements of historical performance recorded at different points in time … performance histories significantly and predictably underperform those that have never revised, suggesting that unreliable …

We consider the strategic timing of information releases in a dynamic disclosure model. Because investors don’t know …

protects firms when in a weak competitive position, while equityholders prefer more disclosure to maximize profitability when … in a strong position. We show that bank-controlled firms will be opaque, while shareholder-run firms prefer more … transparency. We can predict a clustering of attributes: bank dominance, established firms with valuable investment, but also …

disclosure or introducing a derivatives market may backfire, aggravating fragility (in particular when the asset side of a … financial intermediary is opaque). It is found that the regulator should set together disclosure and prudential policy. The …

make full use of the strategic advantage of a strong firm. We show that bank-controlled firms will tend to discourage … that bank control may fail to keep firms less transparent as global trading volumes rise. …

We collect data on the rules and practices of financial and conflict disclosure by politicians in 175 countries …. Although two thirds of the countries have some disclosure laws, less than a third make disclosures available to the public …. Disclosure is more extensive in richer and more democratic countries. Disclosure is correlated with lower perceived corruption …

discourage discretionary disclosure. On the other hand, by opening up foreign markets and enhancing firms’ growth opportunities …