These slides summarize a paper which offers the psychological attraction approach to accounting and disclosure rules … psychological forces cause informal shifts in reporting and disclosure regulation and policy, which can exacerbate boom …

as a novel voluntary disclosure incentive in response to policy uncertainty …

We investigate the impact of mandatory transparency disclosure requirements on tax avoidance in US bank holding …

) mandating increased nonfinancial disclosure. These disclosures relate to firms' environmental, social, and governance (ESG …-directive nonfinancial performance; and (iii) a less negative reaction for firms having higher pre-directive nonfinancial disclosure levels … that this disclosure regulation of nonfinancial information would lead to net costs (benefits) for firms with weak (strong …