This study experimentally investigates the interaction between firmfs information acquisition choice and mandatory disclosure in the presence of proprietary costs. The results demonstrate that mandatory disclosure diminishes firmfs incentive to acquire industry-wide demand information when...

This paper investigates the interaction between firms' information acquisition decisions and disclosure of internally acquired information in a Cournot duopoly market under demand uncertainty. The main results are as follows. When the correlation between firms' demands is positive and...

The Purpose of this paper is to consider the relation between fair disclosure of accounting information and investors' emotions. In this paper, we test a hypothesis by stock market experiments. It is the hypothesis about the relation between fair disclosure of accounting information and...

Information disclosure is important for the economic well-being of society. Furthermore, given various issues, such as disclosure related to corporate social responsibility and scientific communication between scientists and society, the state of information disclosure is closely related to...

We experimentally examine how the power distance in a conspiracy affects the potential whistleblowing motivation of those who are illegally involved. To test our hypotheses, we employed a 2 (wrongdoer) x 2 (power distance) between-participants experiment using the Amazon's Mechanical Turk (AMT)...