Nguyen, Justin Hung; Qiu, Buhui; Truong, Cameron - 2023
We find that managers of firms with greater labor mobility (LM) face higher personal evaluation risk (i.e., higher …, managers of high-LM firms tend to adopt lower-quality performance disclosures (i.e., lower financial statement readability … disclosure quality is stronger for firms whose managers are more concerned about personal evaluation risk, but is weaker for …