This study examines how product market competition affects firms' disclosures of their individual segments' performance. We explicitly account for different types of product market competition by distinguishing between competitors who are already active in a particular market and potential...

In this study, we apply a new concept, corporate proximity to political power, to accounting research and examine its consequences on corporate financial reporting. Prior literature shows that higher proximity to political power leads to higher policy risk, i.e., uncertainty regarding the impact...