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In the presence of litigation facing suppliers, the supply-chain relationship is at risk. Suppliers with principal customers (dependent suppliers) have a higher concentration of sales to customers, and they are more at risk relative to suppliers without principal customers (non-dependent...
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There is scant empirical evidence on how government involvement affects the investor demand for firm-specific information. We fill the void by testing how investors respond to risk-factor disclosures in IPO prospectuses in China, where state-controlled firms receive government-offered implicit...
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The purpose of this study is to determine whether and how campaign collaborator disclosure influences crowdfunding success. On June 13, 2016, Kickstarter, a global rewards-based crowdfunding platform, granted all fundraisers access to a “project collaborator” function, allowing them to...
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