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 …

We present evidence that complex disclosure can result from the strategic incentives to shroud information. We … make their reports. We find that senders use complex disclosure over half the time. Most of this obfuscation is profitable …

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 …

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 …

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 …

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