We develop a model where the speaker obtains information about which they can lie to persuade the audience. The option … to lie, when exercised on the equilibrium path, incentivizes the speaker to seek more persuasive information. However …

precision of public information or withholding it. The latter seems to be unrealistic. Thus, the issue is not whether central … bank should disclose or not its information, but how the central bank should disclose it. We consider a static coordination … game in which the private sector receives n semi-public information plus their specific information, and we analyse the …

disclosure and quality information). In addition, empirical tests indicate that financial communication transparency is highly …' boards, Ownership structure and audit quality) and financial communication transparency. For this purpose, a model is used … governance mechanisms are positively related to a higher transparency level noticeable in financial communication (voluntary …