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I examine whether contracts that obligate the customer to periodically disclose to the supplier its forecast of future demand for the supplier's products (“DF contracts”) influence the supplier's reliance on stock prices when making corporate investment decisions. If managers find customer...
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to peer prices varies with industry competition and whether the prices reflect firm-specific or industry information …
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competition, faster growth, greater correlation in fundamentals, and higher capital intensity within the peer group all increase …
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