collection. Under strategic competition, transparency results in higher variability of profits and output. Thus lenders prefer … less transparency, since this protects firms when in a weak competitive position, while equityholders prefer more. Market … will affect price informativeness. Moreover, as the return to information gathering increases with liquidity, increasing …

' attention, one possible solution is to increase the intensity of disclosure. However, if the stock is traded on a quote … traded on a quote-driven system can face a liquidity trap that can prevent them from harvesting the benefits of increased … disclosure activities. In this paper, we argue that the well-documented negative relation between disclosure and the bid …

adopted a series of reforms to achieve more specific disclosure and greater transparency. This article provides an overview of … key steps taken in the progression towards requiring greater transparency and more specific tax return disclosure. It also … new disclosure regime in the context of pending legislation that would provide severe penalties and little flexibility in …

Open book accounting (OBA) is the regular disclosure of management accounting information beyond corporate borders …

” and transparency obligations for institutional investors and asset managers that invest in listed companies. This … the "shareholder engagement" and transparency obligations that are applicable to asset managers and institutional … investors. This contribution continues by explaining why the new “shareholder engagement” and transparency obligations are not …

We test the hypothesis that less transparency in financial disclosures is an undesirable firm attribute that increases … arising from the passage of the Sarbanes-Oxley Act as shocks to the transparency of a firm's financial reporting environment …. Overall, our results suggest that accounting disclosure choices can generate externalities on an important group of …

I study how regulators' self-interest affects the transparency of their enforcement regimes and, as a result …. Uncertainty about the regulator's incentives and regulatory intensity yields a nontrivial partial disclosure equilibrium in which …, despite the presence of the revolving door, selective disclosure can lead to lower levels of misreporting. The model provides …

In modern democracies, governmental transparency is thought to have great value. When it comes to addressing … disinfectant. Beyond this, many credit transparency with enabling meaningful citizen participation.But even though transparency … appears highly correlated with successful governance in developed democracies, assumptions about administrative transparency …

corporate governance, Standard amp; Poor's has published a study that examines the transparency and disclosure (Tamp … conducted and what the finding reveal, addressing such questions as: Which companies provide the most extensive disclosure in …, there are significant differences in the amount of disclosure provided in annual reports. Tamp;D rankings based on annual …

Statement of Financial Accounting Standards No. 133 (FAS 133), which improves information disclosure of corporate use of …