Disclosure policies have the potential to help consumers and make markets more efficient. Yet, the effectiveness of … disclosure policies can be undermined if firms strategically make unfavorable information unnecessarily complicated to understand …. To explore the incentives for using complexity in disclosure, we implement a game of mandatory disclosure where senders …

This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing … quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address … government mandate disclosure? and (iii) Do certifiers necessarily report unbiased and accurate information? We further review …

as a result of voluntary disclosure and in turn increases firm value. This suggests that managers can causally influence … their cost of capital via voluntary disclosure …

How important is information disclosure through patents for subsequent innovation? Although disclosure is regarded as … regions that have Federal Depository Libraries. A number of additional analyses suggest that the disclosure of technical …

This paper asks whether pay disclosure in the public sector changes wage setting at the top of the public sector …, disclosure led to approximately 7 percent average compensation declines, and a 75 percent increase in their quit rate, relative …

monetary policy. The theory unifies an endogenous supply of illiquid local loans and risk-sharing among subsidiaries of bank …