Do firms respond to peer disclosures? Evidence from disclosures of clinical trial results

Using data on the registration of clinical trials and the disclosure of trial results, we examine how firms respond to peer disclosures. We find that firms are less likely to disclose their own trial results if the results of a larger number of closely related trials are disclosed by their peers. Th...

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Bibliographic Details
Main Authors: CAPKUN, Vedran, LOU, Yun, OTTO, Clemens A., WANG, Yin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2023
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Online Access:https://ink.library.smu.edu.sg/soa_research/1979
https://ink.library.smu.edu.sg/context/soa_research/article/3006/viewcontent/SSRN_id3344942otto.pdf
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Institution: Singapore Management University
Language: English