Voluntary disclosure with evolving news

• المؤلفون الرئيسيون: Aghamolla, Cyrus, An, Byeong-Je
• مؤلفون آخرون: Nanyang Business School
• التنسيق: مقال
• اللغة: English
• منشور في: 2022
• الموضوعات: Business::Accounting::Disclosure; Voluntary Disclosure; Evolving Information
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/161437
• المؤسسة: Nanyang Technological University

We study a dynamic voluntary disclosure setting where the manager's information and the firm's value evolve over time. The manager is not limited in her disclosure opportunities, but disclosure is costly. The results show that the manager discloses even if this leads to a price decrease in...