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Trigilia, Giulio - 2017

I consider the role of firm transparency in shaping its capital structure. In a costly-state-verification model, the … optimally choose zero leverage and finance themselves with equity. If firms can increase their transparency at a cost – say by …

Persistent link: https://www.econbiz.de/10011800836

Central bank accountability and transparency : theory and some evidence

Eijffinger, Sylvester C. W.; Hoeberichts, Marco - 2000

: transparency of actual monetary policy and the question of who bears final responsibility for monetary policy. The paper shows that … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks …

Persistent link: https://www.econbiz.de/10011418852

Das neue Entgelttransparenzgesetz : mehr Chancen für Beschäftigte

Deutschland / Bundesministerium für Familie, Senioren, … - 2017 - Stand: Juli 2017, 1. Auflage

Persistent link: https://www.econbiz.de/10011743714

Financial disclosure and market transparency with costly information processing

Di Maggio, Marco; Pagano, Marco - 2014

externality: if speculators refrain from trading, hedgers do the same, depressing the asset price. Market transparency reinforces … disclosure of fundamentals and trading transparency. Issuers may either under- or over-provide information compared to the …

Persistent link: https://www.econbiz.de/10010424992

Institutional investors' views and preferences on climate risk disclosure

Ilhan, Emirhan; Krüger, Philipp; Sautner, Zacharias; … - 2019

Given ambiguity concerning the effects of disclosure on firm value and markets, we examine the question of whether investors value carbon risk disclosure. Through a survey and empirical tests, we conclude that many institutional investors consider climate risk reporting to be as important as...

Persistent link: https://www.econbiz.de/10012177157