Manager letters: voluntary disclosure in response to the COVID-19 pandemic

• Main Author: Liu, Lu
• Other Authors: Zhang Huai
• Format: Thesis-Doctor of Philosophy
• Language: English
• Published: Nanyang Technological University 2023
• Subjects: Business::Accounting
• Online Access: https://hdl.handle.net/10356/166250
• Institution: Nanyang Technological University

I study a novel and popular type of voluntary disclosure: manager letters. Since early 2020, about 50% of S&P 500 firms have issued letters in response to the COVID-19 pandemic. I hand-collect a sample of the letters, and study their contents, linguistic features, determinants, and informativene...