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The purpose of our research is to evaluate the voluntary disclosure strategy and effective communication between … capital markets, personal engagement of board members in preparing voluntary disclosure should be considered a proxy of a high … disclosure strategy quality. We prove that companies use dialogue with investors in private rather than in public to understand …
Persistent link: https://www.econbiz.de/10014285869
financial statement users benefit from firm disclosures affects the managers' assessments of disclosure regulation. Overall we …
Persistent link: https://www.econbiz.de/10015210176
about the good's quality publicly. We show that the certifier's optimal contract exhibits maximal disclosure but non …
Persistent link: https://www.econbiz.de/10015053483
the disclosure of information. The principal aims at maximizing the (discounted) number of times the agent chooses the …
Persistent link: https://www.econbiz.de/10014576723
position of consumers in Germany. The author, who is a member of the SVRV, presents selected analyses, results and … Constitutional Court and the draft law on autonomous driving in Germany. …
Persistent link: https://www.econbiz.de/10012603860
Die Energie- und CO2-Einsparungen im Gebäudesektor in Deutschland bleiben weit hinter den Zielen zurück: der Wohngebäudebestand ist nur unzureichend energetisch saniert, die Wärmeerzeugung von fossilen Energieträgern abhängig und die Sanierungsaktivität ist seit Jahren auf einem zu...
Persistent link: https://www.econbiz.de/10014250296
risks for businesses. This phenomenon is a subject of disclosure in the form of various categories of operational risk …
Persistent link: https://www.econbiz.de/10013489498
Theory suggests that by lending to a firm, inside banks gain an informational advantage over non-lender outside banks. This informational gap hinders borrowers from switching lenders due to a winner's curse faced by competing outside banks, leading to hold-up problems. In this paper, we show...
Persistent link: https://www.econbiz.de/10015179602
Die Ziele für nachhaltige Entwicklung der Vereinten Nationen sehen eine Halbierung der Lebensmittelverschwendung bis 2030 vor. Das ist ein Ziel, zu dem die Tafeln für Deutschland auch durch eine optimierte Verteilung von Lebensmittelspenden einen erheblichen Beitragleisten können. Wir...
Persistent link: https://www.econbiz.de/10014336867
This paper presents a competitive search model focusing on the impact of asymmetric information on credit markets. We show that limited entry by lenders results in endogenous credit rationing, which, in turn, plays a key role in managing adverse selection and prevents the credit market from...
Persistent link: https://www.econbiz.de/10015271751