Bodoff, David; Levecq, Hugo; Zhang, Hongtao - In: Experimental Economics 9 (2006) 4, pp. 361-381
Policies such as the SEC’s Fair Disclosure Rule, and technologies such as SEC EDGAR, aim to disseminate corporate disclosures to a wider audience of investors in risky assets. In this study, we adopt an experimental approach to measure whether this wider disclosure is beneficial to these...