financial literacy of investors reduces uncertainty on future decisions and increases predictability of investment policies in financial markets. thus, the lack of clear information on financial markets is a determining factor in the arrival of domestic and foreign capitals and their quick exit in case of crisis. the lack of transparency and basic knowledge on decisions and failure to provide r...

This paper analyzes the impact of different disclosure regimes on corporate decisionmaking during initial public offering. Specifically, it examines how disclosure rules affect firms’ incentives to acquire forward-looking information, their disclosure practices and investment strategies. The disclosure regimes examined are Non-Disclosure, Voluntary, and Mandatory Disclosure Regimes. The analysi...

In studies of people’s privacy behavior, disclosure is typically measured by a total or a ratio of disclosure. In this paper, we evaluate three information disclosure datasets using a six-step statistical analysis, and show that people’s disclosure behaviors are instead multidimensional: participants’ disclosure of personal information breaks down into a number of distinct factors. Moreover, pe...

Abstract Classical models of voluntary disclosure feature two economic forces: the existence an adverse selection problem (e.g., a manager possesses some private information) and cost ameliorating costs associated with disclosure). Traditionally these forces are modelled independently. In this paper, we use simple model to motivate empirical predictions in setting where jointly determined––wher...

Purpose The study aims to improve the understanding of online sustainability disclosure phenomena considering quantity and nature content information related disclosed in corporate website companies, providing evidence about different size companies characterizing Portuguese mold companies. Design/methodology/approach A analysis methodology was used websites 83 sample. direct approach followed ...

Full, on-time, and with Quality disclosure of financial information can lead to the transparency of such information and decreases information asymmetry. Among the published information of firms, earnings are of priority importance attended by many users; therefore, the issue of the transparency of accounting earnings is of high importance. The aim of this study is investigating the accounting ...