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The Effect of Voluntary Disclosure on Investment Inefficiency
16 references·3 citing·46 second hop
The Effect of Voluntary Disclosure on Investment Inefficiency (2020)The Effect of Voluntary Disclosure on Inv…The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review (2019)The Effects of Financial Repo…Equity Vesting and Investment (2017)Equity Vesting and InvestmentA Real Effects Perspective to Accounting Measurement and Disclosure: Implications and Insights for Future Research (2016)A Real Effects Perspective to…A theory of voluntary disclosure and cost of capital (2013)A theory of voluntary disclos…Endogenous Information Flows and the Clustering of Announcements (2011)Endogenous Information Flows …Optimal impairment rules (2009)Optimal impairment rulesDisclosure Quality, Cost of Capital, and Investor Welfare (2009)Disclosure Quality, Cost of C…Economic Effects of Tightening Accounting Standards to Restrict Earnings Management (2005)Economic Effects of Tightenin…Do Short-Term Objectives Lead to Under- or Overinvestment in Long-Term Projects? (1993)Do Short-Term Objectives Lead…Disclosure Policy and Competition Cournot vs. Bertrand. (1993)Disclosure Policy and Competi…Voluntary financial disclosure in an entry game with continua of types* (1992)Voluntary financial disclosur…Voluntary disclosure with a strategic opponent (1990)Voluntary disclosure with a s…Financial disclosure policy in an entry game (1990)Financial disclosure policy i…Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior (1989)Efficient Capital Markets, In…Disclosure When the Market Is Unsure of Information Endowment of Managers (1988)Disclosure When the Market Is…Disclosure of Nonproprietary Information (1985)Disclosure of Nonproprietary …The real effects of financial reporting: Evidence and suggestions for future research (2023)The real effects of financial…Corporate Sustainability Disclosure and Investment Efficiency: The Saudi Arabian Context (2022)Corporate Sustainability Disc…Mandatory vs. Voluntary ESG Disclosure, Efficiency, and Real Effects (2021)Mandatory vs. Voluntary ESG D…Disclosure Laws and Takeover Bids (1980)Timeliness of Reporting and the Stock Price Reaction to Earnings Announcements (1984)Earnings Performance and Discretionary Disclosure (2002)Economic Consequences of Financial Reporting and Disclosure Regulation: A Review and Suggestions for Future Research (2008)Guiding through the Fog: Financial statement complexity and voluntary disclosure (2016)Job Market Signaling (1973)Takeover Threats and Managerial Myopia (1988)Raids, Rewards, and Reputations in the Market for Managerial Talent (2003)Stock-Based Compensation and CEO (Dis)Incentives (2010)Corporate Governance and Firm‐specific Stock Price Crashes (2016)The Balance Sheet as an Earnings Management Constraint (2002)Costs of Equity and Earnings Attributes (2004)International Accounting Standards and Accounting Quality (2005)Does Mandatory Adoption of IFRS Improve Accounting Quality? Preliminary Evidence (2011)Are IFRS-based and US GAAP-based accounting amounts comparable? (2012)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Discretionary disclosure (1983)Positive Accounting Theory (1985)Exploring the Effects of Corporate Governance on Intellectual Capital Disclosure: An Analysis of European Biotechnology Companies (2007)Does the Voluntary Adoption of Corporate Governance Mechanisms Improve Environmental Risk Disclosures? Evidence from Greenhouse Gas Emission Accounting (2012)Explanatory Factors of Integrated Sustainability and Financial Reporting (2012)Corporate financing and investment decisions when firms have information that investors do not have (1984)Dividend Policy under Asymmetric Information (1985)A Survey of Corporate Governance (1997)Corporate Governance and Equity Prices (2003)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Moral Hazard and Observability (1979)Banks’ Financial Reporting and Financial System Stability (2016)Real Effects of Private Country-by-Country Disclosure (2019)How Does Financial‐Reporting Regulation Affect Industry‐Wide Resource Allocation? (2021)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Real Effects of a Widespread CSR Reporting Mandate: Evidence from the European Union's CSR Directive (2020)Green credit policy and corporate access to bank loans in China: The role of environmental disclosure and green innovation (2021)Mandatory CSR and sustainability reporting: economic analysis and literature review (2021)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Frequent Financial Reporting and Managerial Myopia (2017)Innovation Strategy of Private Firms (2017)Corporate social responsibility, firm value, and influential institutional ownership (2018)Disclosure Policy, Information Asymmetry, and Liquidity in Equity Markets* (1995)Diversification Discount or Premium? New Evidence from the Business Information Tracking Series (2004)Environmental disclosure quality in large German companies: Economic incentives, public pressures or institutional conditions? (2005)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)
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References

  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 1985Disclosure of Nonproprietary Information1,923 cited
  • 2005Economic Effects of Tightening Accounting Standards to Restrict Earnings Management883 cited
  • 1990Financial disclosure policy in an entry game852 cited
  • 1990Voluntary disclosure with a strategic opponent761 cited
  • 2019The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review740 cited
  • 1988Disclosure When the Market Is Unsure of Information Endowment of Managers702 cited
  • 1993Do Short-Term Objectives Lead to Under- or Overinvestment in Long-Term Projects?418 cited
  • 2017Equity Vesting and Investment366 cited
  • 2016A Real Effects Perspective to Accounting Measurement and Disclosure: Implications and Insights for Future Research317 cited
  • 1993Disclosure Policy and Competition Cournot vs. Bertrand.305 cited
  • 2009Optimal impairment rules240 cited
  • 1992Voluntary financial disclosure in an entry game with continua of types*198 cited
  • 2011Endogenous Information Flows and the Clustering of Announcements190 cited
  • 2013A theory of voluntary disclosure and cost of capital

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157 cited
  • 2009Disclosure Quality, Cost of Capital, and Investor Welfare156 cited
  • Cited by

    • 2021Mandatory vs. Voluntary ESG Disclosure, Efficiency, and Real Effects44 cited
    • 2022Corporate Sustainability Disclosure and Investment Efficiency: The Saudi Arabian Context39 cited
    • 2023The real effects of financial reporting: Evidence and suggestions for future research31 cited