Forcing Firms to Talk: Financial Disclosure Regulation and Externalities
Preprint
- 1 January 1998
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
In this paper we analyze a model of voluntary disclosure by firms in financial markets. We focus on externalities that arise when firm values are correlated anKeywords
This publication has 9 references indexed in Scilit:
- Mandatory DisclosurePublished by Springer Nature ,2002
- International accounting harmonization and global equity marketsJournal of Accounting and Economics, 1999
- Industry-Wide Disclosure DynamicsJournal of Accounting Research, 1995
- Optimal Release of Information By FirmsThe Journal of Finance, 1985
- Corporate financing and investment decisions when firms have information that investors do not haveJournal of Financial Economics, 1984
- Truthful Disclosure of InformationThe Bell Journal of Economics, 1982
- The Informational Role of Warranties and Private Disclosure about Product QualityThe Journal of Law and Economics, 1981
- Good News and Bad News: Representation Theorems and ApplicationsThe Bell Journal of Economics, 1981
- Externalities and Financial ReportingThe Journal of Finance, 1980