We study how sustainability disclosure regulation affects mutual fund flows and portfolio choices, accounting for … Sustainable Finance Disclosure Regulation (SFDR) as a natural experiment, using granular fund-investor holdings data. We show that … funds subject to higher disclosure requirements attract significantly larger inflows, particularly for funds with higher pre …

We consider a disclosure game between a seller and a buyer. The seller knows the quality of a good, while the buyer …

Regulatory information disclosure is an important measure to enhance government transparency and law enforcement … credibility. Studies mainly focus on ex-post disclosure and affirm its positive effects. However, ex-ante disclosure of regulatory … controversial in practice. This paper leverages the differential timing of disclosure of on-site inspections by the China Securities …