Theory suggests a commitment to voluntary disclosure may improve firm investment over time. Our findings support this … argument. We document that voluntary disclosure commitment is associated with the more profitable exercise of firm investment … opportunities. Additionally, prior research hypothesizes that voluntary disclosure can reduce both under- and over-investment. We …

' management earnings forecast reports (MEFRs) affects supplier firms' investment quality (measured by investment efficiency). Our … analyses reveal that (1) supplier investment efficiency is positively associated with the average linguistic information … quality of customers' prior MEFRs; (2) the positive association between supplier investment efficiency and customer MEFRs …

. Turning to our key results, we find that investment decision makers in both experiments tend to invest only in companies that … have higher CSR performance scores. In the context of OSM, we provide and discuss empirical evidence that investment … that e-reputation, as one of the most important outputs of OSM, has a marginal impact on investment decisions and moderates …