Prior studies identify several motives for why firms release management earnings forecasts (MFs). A common feature of such studies is they pool MFs when drawing inferences about a specific motive. By ignoring the heterogeneous rationales managers have to issue MFs, pooling could lead to biased...

There is limited empirical evidence on when and why individuals incur costs to acquire information about a firm that is not publicly available, which we refer to as private information acquisition. This lack of evidence is due in large part to the difficulty of observing private information...

This paper assesses the effectiveness of The Netherlands' private sector self-regulation initiative (quot;The Peters Committeequot;) to improve corporate governance. We compare corporate governance characteristics and examine the relation between firm value and these characteristics before and...