What private information should a sender possess in order to facilitate his communication with a receiver? I consider a …-concealment principle according to which any feasible sender payoff can be attained with a signal that induces full communication in the … information asymmetry can affect the trade-off between delegation and communication …

in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …, reduces quality, and increases in-pocket income of team managers. -- incentives ; attention ; salience ; communication ; field …

interface of investor relations managers and institutional investors. Thus, the communication and information process of both …

send more informative messages under communication than predicted by the pure strategy equilibria. This finding neither … mixed strategy equilibrium under communication, which strictly outperforms optimal restricted delegation and is relatively …

send more informative messages under communication than predicted by the pure strategy equilibria. This finding neither … mixed strategy equilibrium under communication, which strictly outperforms optimal restricted delegation and is relatively …

We examine whether corporate communication is a stand-alone governance mechanism. Corporate communication is measured … by length (to capture the amount), dictionary (to capture the informativeness), and communication index (to capture the … 1999 to 2014, we find that firms' communication have governing powers. Our findings confirm substitution …

The Bayesian persuasion model studies communication between an informed sender and a receiver with a payoff …

intensive central bank communication worsens the perceived impact. During the global financial crisis (GFC), this effect became …