This study examines voluntary disclosure after successful technological innovations and the associated cost of equity capital (COEC) consequences. We find that firms with successful technological innovations, proxied by economic and scientific values of patents, are more likely to voluntarily...

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...

This study explores aspects of chief accounting officers (CAOs), a relatively new corporate executive title that firms add to C-suites. We provide descriptive data on CAO attributes and examine the determinants of CAO appointment and their role in corporate disclosure. Our results suggest that...