Private communication among competitors and public disclosure

نویسندگان

چکیده

I study how private communication among competitors affects their public disclosures. Theory suggests that competing firms can use disclosure to coordinate, and predicts less when there is more communication. Using data on strategic alliances, predict find enter alliances with reduce disclosure, the reduction pronounced for allow

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ژورنال

عنوان ژورنال: Journal of Accounting and Economics

سال: 2021

ISSN: ['0165-4101', '1879-1980']

DOI: https://doi.org/10.1016/j.jacceco.2021.101387