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. One key aspect of the informational predicate relates to the disclosure challenges associated with financial innovations …
Persistent link: https://www.econbiz.de/10010603964
This paper analyzes banks’ communication policies in crisis times and the role of imperfect information in enhancing banks' financial distress. If banks differ in their exposure to dubious assets, fragile banks may claim to be sound only in order to manipulate investors' expectations. Then...
Persistent link: https://www.econbiz.de/10008602739
science research has shown that honesty preferences play a role in managers' decisions. The aim of this thesis is to … managers' honesty preferences. The management control system should take care to behave fairly toward managers itself and, in … particular, implement measures that improve social norms for honesty in the company, thereby creating a mutual-monitoring effect …
Persistent link: https://www.econbiz.de/10014528827
Persistent link: https://www.econbiz.de/10014289871
and regulatory framework for SOE disclosure and transparency. Some have made significant progress in terms of improving … information disclosure by SOEs with an accelerated process of corporatization of SOEs and adoption of adequate accounting … disclosure of financial and nonfinancial information about the activities of SOEs is critical. …
Persistent link: https://www.econbiz.de/10012609965
superior information-processing ability and trade purely to exploit it. The disclosure of financial information induces a trade … disclosure of fundamentals and trading transparency. Issuers may either under- or over-provide information compared to the …
Persistent link: https://www.econbiz.de/10010421123
superior information-processing ability and trade purely to exploit it. The disclosure of financial information induces a trade … disclosure of fundamentals and trading transparency. Issuers may either under- or over-provide information compared to the …
Persistent link: https://www.econbiz.de/10010424992
This paper provides early but broad empirical evidence on a major new investor protection regulation in Europe, MiFID II, which requires investment firms to unbundle investment research from other costs they charge to clients. We predict that the price separation resulting from unbundling and a...
Persistent link: https://www.econbiz.de/10012052561
and regulatory framework for SOE disclosure and transparency. Some have made significant progress in terms of improving … information disclosure by SOEs with an accelerated process of corporatization of SOEs and adoption of adequate accounting … disclosure of financial and nonfinancial information about the activities of SOEs is critical. …
Persistent link: https://www.econbiz.de/10012156312
We investigate the consequences of public disclosure of information from company income tax returns filed in Australia …. Supporters of more disclosure argue that increased transparency will improve tax compliance, while opponents argue that it will … companies experienced some consumer backlash and, perhaps partly in anticipation, some acted to avoid disclosure. We detect a …
Persistent link: https://www.econbiz.de/10011756754