Recent regulatory amendments aimed at modernizing disclosures and enhancing their usefulness focus on repetition and interactivity within firms' disclosure filings. We use two experiments to provide evidence on the effects of disclosure repetition (repeating of information in the filing) and...

Introduction -- Section 1: The financial markets: An overview -- Chapter 1.1: The benefits and drawbacks of a stock market listing -- Chapter 1.2: The formation of stock prices -- Chapter 1.3: Ethics in the financial markets – why a solid IR framework is key -- Chapter 1.4: Understanding...

We examine how investor relations officers (IROs) approach disclosure decisions in private meetings with investors. In these settings, IROs face conflicting pressures to maintain a “level playing field” for all investors while also pleasing preferred investors. We experimentally test how...