Purpose – The purpose of this paper is to examine the effect on the cost of capital of increased disclosure that reduces information asymmetry among market participants. Design/methodology/approach – This study uses the decision to regularly hold open (closed) conference calls pre-Reg FD as...

The purpose of this study is to determine whether supplemental reserve disclosures contain value-relevant information by examining the extent to which they convey information regarding firms' effort and ability to discover reserves. Using Ohlson's (1995) model as a framework, two hypotheses were...

Personal observations and survey data are used to examine the future of the village in a restructured food and agricultural sector in the former Soviet Union. Specific comparisons are made between the subjective quality of life of residents in two villages in the former Soviet Union (one in...

O'Brien D. J., Phillips J. L. and Patsiorkovsky V. V. (2005) Linking indigenous bonding and bridging social capital, Regional Studies 39 , 1041-1051. Reconciling indigenous bonding and bridging social capital remains a difficult issue in economic development and global issues of inequality. A...

Although the concept of social capital is intuitively appealing, policy-makers and scholars have been frustrated by difficulties in finding practical ways to build social capital where it is either weak or absent. Of particular concern in development work has been the difficulty of building...