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This is one of the first large-scale studies to examine the voluntary disclosure practices of foreign firms cross …-listed in the United States. We proxy for voluntary disclosure using three attributes of firms' management earnings guidance: (1 …' disclosure practices with comparable U.S. firms and explore variations in disclosure practices among cross-listed firms. We find …
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data for S&P 1500 firms, we find that the initiation of RPT governance disclosure significantly reduces the occurrence of … RPTs, or more extensive disclosure on RPT governance benefit in terms of lower ICC …
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This is one of the first large-scale studies to examine the voluntary disclosure practices of foreign firms cross …-listed in the United States. We proxy for voluntary disclosure using three attributes of firms' management earnings guidance: (1 …' disclosure practices with comparable U.S. firms and explore variations in disclosure practices among cross-listed firms. We find …
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This paper provides early but broad empirical evidence on a major new investor protection regulation in Europe, MiFID II, which requires investment firms to unbundle investment research from other costs they charge to clients. We predict that the price separation resulting from unbundling and a...
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