Corporate voluntary disclosure and the separation of cash flow rights from control rights.

• المؤلف الرئيسي: Lee, Kin Wai.
• مؤلفون آخرون: Nanyang Business School
• التنسيق: Research Report
• اللغة: English
• منشور في: 2008
• الموضوعات: DRNTU::Business::Finance::Corporate governance
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/14563

We find that corporate voluntary disclosure is negatively associated with the separation of cash flow rights from control rights. This result is consistent with the notion that as the separation of cash flow rights from control rights increases, controlling owners have larger incentives to exprop...