Results 261 to 270 of about 583,153 (296)

Voluntary Disclosure of Sensitivity

SSRN Electronic Journal, 2008
Starting in 1997, the U.S. Securities and Exchange Commission required that some firms disclose information about risks. One format for risk disclosures let firms disclose correlations by allowing firms to report the sensitivity to market risk factors of cash flows related only to financial instruments and derivatives.
Bjorn N. Jorgensen, Michael Kirschenheiter   +1 more
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Materiality and voluntary disclosures

Journal of Accounting and Economics, 2010
Abstract Materiality has important implications for voluntary disclosures when there is an affirmative duty to disclose. Using a change in rules on the disclosure of advertising costs, Heitzman et al. (2009) empirically demonstrate that, indeed, it is important to factor in the effect of the materiality constraint on firms’ disclosure behavior ...
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Voluntary Quality Disclosure and Market Interaction

Marketing Science, 2008
Marketers disclose quality information directly to potential consumers using a variety of communication channels. This study investigates how competition may influence duopoly firms' incentive to voluntarily reveal quality information. We show that firms in competitive markets reveal less information than a monopoly firm.
Liang Guo, Ying Zhao 0002
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Credibility of Voluntary Disclosure

The RAND Journal of Economics, 2000
I examine the credibility of a manager's disclosure of privately observed nonverifiable information to an investor in a repeated cheap-talk game setting. In the single-period game no communication occurs. In the repeated game, however, the manager almost always truthfully reveals his private information provided the manager is sufficiently patient, the
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Voluntary Disclosure of Clauses

2014
We now allow sellers to disclose their hidden clauses at some positive cost. We show that, contrary to conventional wisdom, if naive consumers are few enough a monopolist is more likely to disclose (and therefore to offer efficient friendly clauses) than competitive sellers.
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Voluntary Disclosure and Investment*

Contemporary Accounting Research, 2012
This paper examines the determinants and economic efficiency of corporate voluntary disclosure. The focus is on the trade-off for an individual firm when the costs and benefits of voluntary disclosure stem from the consequences of its investment decisions and the impact on its share price.
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Voluntary Disclosures When There Is an Option to Delay Disclosure

Contemporary Accounting Research, 2020
ABSTRACTWhat incentives drive managers to disclose immediately when they have an option to delay disclosures? I examine this question in a two‐period setting in which public news that is positively correlated with firm value arrives periodically. I show that, when the manager's likelihood of receiving information is independent of the public news, an ...
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Voluntary disclosure in Italy

EuroMed Journal of Business, 2016
Purpose– The purpose of this paper is to assess the level of voluntary disclosure in the companies listed on the Italian Stock Exchange. Voluntary disclosure refers to the discretionary release of financial and non-financial information which companies are not obliged to disclose by a standard-setting accounting body. In particular, this paper analyses
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The Voluntary Disclosure of Innovations

2004
Cet article propose une modélisation théorique des comportements de divulgation volontaire des innovations « préliminaires » (résultats d’essais, pistes de recherches, découvertes scientifiques, etc.) observés dans de nombreuses industries. À partir d’un modèle de course technologique à deux étapes, nous définissons les conditions sous lesquelles la ...
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First voluntary disclosure: is it less opportunistic?

Asia-Pacific Journal of Accounting & Economics, 2013
The objective of voluntary disclosure regulation is to mitigate information asymmetry between the management and outside users. However, prior studies on voluntary disclosures provide mixed evidences on managers’ incentives. Using a setting of voluntary non-GAAP EPS reporting, this study attempts to examine whether the first non-GAAP EPS reporting is ...
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