We construct four voluntary disclosure and two mandatory disclosure measures for 260,880 firm-quarters from 2005 through 2016 using 8K data. The first voluntary disclosure measure is the count of 8Ks, a proxy used in prior studies. The second and third voluntary disclosure measures are the count...

We examine the association between a firm’s cost of capital and its voluntary and mandatory disclosures. We include two types of mandatory disclosures: those that are a function of periodic reports that are realizations of ex-ante reporting systems and those that arise due to specific...