Historically, bubbles are followed by crashes, which in turn are followed by punitive
legislation. The 1999–2003 era is fully consistent with this pattern….(Coffee, 2003a, p. 46) …

Information security is a fundamental concern for corporations operating in today's digital
economy. The number of firms disclosing items concerning their information security on …

Due to the uncertain nature of research and development (R&D) activities, analysts often
have difficulty predicting how the outcome of those activities will benefit a firm (Barron …

Risk reporting is an emerging reporting challenge in Europe. Current literature assumes
corporate risk reporting to be informative for its users. The purpose of this paper is to …

A firm may prefer not to disclose its private information if it is uncertain of investor response.
In the setting under consideration, a firm needs to acquire capital from an investor. The …

ABSTRACT A standard result in the voluntary disclosure literature is that when the
manager's private information is a signal correlated with the firm's liquidation value …

We explore the recent landscape of quantitative human capital (HC) disclosures for publicly
listed US firms. Using a hand-collected sample of disclosures for 2, 393 firms, we first …

Survey evidence shows CFOs to believe that earnings management can enhance investor
valuation of their firms. This evidence raises the question of correspondence between the …

We analyze a model in which information may be voluntarily disclosed by a firm and/or by a
third party, eg, financial analysts. Due to its strategic nature, corporate voluntary disclosure is …

This paper examines the effect of Sarbanes-Oxley provisions on 10-K filing delays. We find
that tightened filing deadlines for accelerated and large accelerated filers are not associated …