Gietzmann, Miles; Ostaszewski, Adam - In: Annals of Finance 10 (2014) 1, pp. 1-45
We study the no-arbitrage theory of voluntary disclosure (Dye, J Account Res 23:123–145, <CitationRef CitationID="CR6">1985</CitationRef>, and Ostaszewski and Gietzmann, Rev Quant Financ Account 31: 1–27, <CitationRef CitationID="CR17">2008</CitationRef>), generalized to the setting of <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$n$$</EquationSource> </InlineEquation> firms, simultaneously and voluntarily, releasing at the interim-report date...</equationsource></inlineequation></citationref></citationref>