stage of infancy due to data difficulties (Sundaram and Yermack, 2007). By taking advantage of better disclosure … a CEO to the firm she manages.Secondly, because of the lack of disclosure regarding compensation consultants used by …. By taking advantage of better disclosure requirements since the publication of the DRRR (2002), this thesis examines the …

included in subtotal figures that appear in the summary accounts; disclosure refers to items that appear in words and amounts … disclosure reporting regime to terms and properties under a recognition regime. Under a fair value recognition regime, I find … absolute net income. In contrast, under a fair value disclosure regime, option compensation was not reduced. I also find that …

I examine the relation between a corporate commitment to increased disclosure and measures of liquidity, information … asymmetry, and cost of equity capital. Relative to prior research on voluntary disclosure, I use a composite, ex ante measure of … Regulation Fair Disclosure (Reg FD) I find that commitment to increased disclosure is negatively related to bid-ask spreads …

forecast errors. These findings suggest that the recent disclosure requirement mandated by the SEC was successful in generating … timely disclosure of bad news. However, I also find some evidence that firms with updates to their Risk Factors section have …

capital market impacts of the firm’s disclosure policy. Existing empirical research provides evidence in part indicating that … the cost of equity capital is reducing in disclosure levels, however, existing empirical research does not provide … evidence on how conservatism and disclosure interact. Therefore, the second research question seeks to explore this interaction …

This dissertation investigates the relation between firm disclosure, analyst forecast bias, and the cost of equity … capital (COEC). Since analyst forecast bias is associated with both implied COEC estimates and disclosure, it is important to … control for or remove it from COEC estimates when estimating the relation between disclosure and ex ante expected returns. I …

philosophy (which is largely family control) generally does not lend itself to transparency and disclosure. The situation is …