-related risk factor (competition) to be higher when written in plain English, but judged the risk of a company-specific risk factor … found no significant differences in judgments between plain English and less readable language on a combined industry …/company risk factor, information security. Results suggest that a move to plain English for all types of risk factors may have …

-related risk factor (competition) to be higher when written in plain English, but judged the risk of a company-specific risk factor … found no significant differences in judgments between plain English and less readable language on a combined industry …/company risk factor, information security. Results suggest that a move to plain English for all types of risk factors may have …

In October 1998, the SEC implemented a rule requiring firms to use plain English in their prospectus filings. In … addition to the rule, the SEC encouraged the use of plain English in all filings and communication with shareholders. Did the … managers to change their disclosure style in filings not under the plain English mandate? Our textual analysis of Form 424, IPO …