traditionally has given more priority to the avoidance of proprietary and competition costs related to disclosure than to promoting …

signals, and toward reasoning through the implications of a failure to disclose. In equilibrium disclosure is incomplete, and … observers are unrealistically optimistic. Nevertheless, regulation requiring greater disclosure can reduce observers' belief … accuracies and welfare. A stronger tendency to neglect disclosed signals increases disclosure, whereas a stronger tendency to …

This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations … competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more … pronounced increase in competition, and correspondingly, in productivity: the contribution to productivity growth due to …

to strengthen competition in the non-tradable sector and make the labor market more efficient and inclusive, supported by …

Purpose – The purpose of this paper is to document the determinants and value relevance of corporate disclosure and …-2008) Findings – The author found positive though statistically insignificant relationship between corporate disclosure and firm …, agency and economic theories of corporate disclosure, the author found firm size, financial leverage, audit quality, age and …

Vietnamese listed firms are analyzed. Voluntary disclosure is measured using a Vietnamese Disclosure Index adapted from prior …)) are employed to generate empirical insights. Findings – The results indicate that the level of voluntary disclosure among … Vietnamese listed firms is relatively low (24.23 per cent). There are higher levels of disclosure relating to director and senior …