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measure of overconfidence and applied it to the corporate information disclosure. Our findings demonstrated a close … association between managerial overconfidence and both mandatory and voluntary disclosure behaviors exhibited by firms … voluntary disclosure of Corporate Social Responsibility (CSR) information by firms. Furthermore, we observed that overconfident …
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Defining and measuring readability in the context of financial disclosures becomes important with the increasing use of textual analysis and the SEC's plain English initiative. We propose defining readability as the effective communication of valuation relevant information. The Fog Index — the...
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