Financial disclosure documents provide investors with product details to facilitate informed investment decisions. We … investigate whether the appearance - the visual frame - of disclosure documents impacts risk and return expectations and … visual frame. Results are in line with the distracted attention mechanism and suggest that disclosure policies should take …

interest to the different stakeholders. This paper aims to identify the explanatory factors that influence the disclosure of …. The study was based on the explanatory theories of risk disclosure usually found in the literature, namely, the legitimacy …, the agency, the signaling, and the upper echelon theories. Linear regression models were used with the disclosure rates of …