information disclosure

The Bright Side of Encroachment
GUAN, Xu | LIU, Baoshan | CHEN, Ying-Ju | WANG, Hongwei

With the rise of e-commerce, suppliers can now reach consumers directly through channels such as online platforms. On the surface, it might seem that this “encroachment” can only be detrimental to the traditional retai ...

Strategically Managing Information to Influence Consumer Preferences
GUAN, Xu | WANG, Yulan | YI, Zelong | CHEN, Ying-Ju

The decision to disclose product information to potential customers is something that must be considered by sellers. Common methods that are used to present quality information include advertisements, free samples, product labels, ...

The Importance of Information

Voluntary corporate disclosure takes place when information is put forward by a company’s management that goes beyond its necessary requirements. As such, this disclosure can be an essential tool for price discovery. In fact ...

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 ...

CSR Reportings under Institutional Conflict
LUO, Xiaowei Rose | WANG, Danqing | ZHANG, Jianjun

The authors in this study develop a theoretical framework in which the disclosure of Corporate Social Responsibility (CSR) activities is viewed as an organizational response to institutional complexity which exists between the dem ...

Unintended Harm: The Consequences of Sharing Online
HUI, Kai Lung | CAO, Zike | XU, Hong

Social media platforms enable millions of people worldwide to share stories, images, and other content. However, sharing the private information of others (peers) may have unintended and far-reaching consequences, both positive an ...

Firms Innovation Disclosure and Their Banking Relationship

Firms face a trade-off between patenting, thereby disclosing innovation, and secrecy. We show that this trade-off interacts with firms’ financing choices. As a shock to innovation disclosure, we study the American Inventor’s Prote ...

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 ...

Corporate Performance: The Vital Connection Between Information and Managerial Decisions
NOVOSELOV, Kirill E. | HSU, Charles | WANG, Rencheng

The real economic effects of financial reporting can be understood by looking into the joint effect of managerial overconfidence and accounting conservatism, specifically regarding the quality of corporate decisions. For instance, ...

Textual Information and its Impact on Investors

FinTech companies complain about disclosures, but investors can find them useful if they understand them