Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10011342897
Persistent link: https://www.econbiz.de/10001256333
We investigate the association between voluntary disclosure and the risk-related discount investors apply to price. First, we study the association between (endogenous) disclosure choice and the discount in price induced by changes in the underlying model parameters: this is akin to an empirical...
Persistent link: https://www.econbiz.de/10013072944
We investigate the association between voluntary disclosure and the risk-related discount investors apply to price. First, we study the association between (endogenous) disclosure choice and the discount in price induced by changes in the underlying model parameters: this informs empirical...
Persistent link: https://www.econbiz.de/10013021607
Persistent link: https://www.econbiz.de/10006995156
We explore how competitive disadvantage affects firms' incentives to disclose or withhold infor Mation of common interest to competing firms within a Cournot duopoly. We establish the existence of a unique disclosure equilibrium to the problem of firms disclosing private infor Mation about...
Persistent link: https://www.econbiz.de/10010769637