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 …

estimates of the quality level of the agent being certified (seller), a disclosure in the form of ordered ranking of levels is … rents from the market. The predicted disclosure is consistent with real life observations of certification disclosure as … strategies of information disclosure that are available to a certifier …

their ability to gauge the manager's exact information content upon voluntary disclosure is studied. If investors are unable … correlates positively with the probability of voluntary disclosure. However, in lieu of extant research we find that, if …: the probability of non-disclosure as the probability that investors are well-informed increases. The results have …

find that companies initiating internal professional IR experience increases in disclosure, analyst following … differential impact the exogenous shock of Regulation Fair Disclosure (Reg FD) had on firms with an established professional IR … department. We find these IR firms more than doubled their level of public disclosure post-FD. Despite IR firms losing a …