Kalkanci, Basak; Plambeck, Erica L. - 2018 - This version: January 2018
disclosure mandate deters learning and thus, under plausible conditions, results in higher expected impacts. The disclosure …’ impacts. In contrast, a disclosure mandate always increases a buying firm’s expected discounted profit and capital market … valuation. A disclosure mandate can induce cooperation among buying firms with a shared supplier, yet result in higher expected …
