collusion

Collusion and Disclosure
BOURVEAU, Thomas | ZALDOKAS , Alminas | SHE, Guoman

It is well known that financial market regulation has grown stronger over the years. For example, legislation has mandated that publicly-listed firms increase their transparency by disclosing more information in their financial st ...

Corporate Disclosure as a Tacit Coordination Mechanism

In an earnings conference call with investors in 2008, Edward J Shoen, chief executive officer and chairman of U-Haul International, Inc., lamented that the Avis Budget Group, Inc., its main competition in one-way, do-it-yourself ...