M disclose quality information directly to potential consumers using a variety of communication channels. This study investigates how competition may influence duopoly firms’ incentive to voluntarily reveal quality information. We show that firms in competitive markets reveal less information than a monopoly firm. In addition, sequential disclosure leads to asymmetric equilibrium disclosure beh...

This study examines the e ect of increased product information to consumers on rm behavior. In 1998, Los Angeles County introduced hygiene quality grade cards to be displayed in restaurant windows. This regulatory change provides exogenous variation in whether rms are subject to voluntary disclosure (of hygiene quality) without a standard-format, voluntary disclosure with a standard-format or m...

Mandatory quality disclosure is pervasive across several industries and often includes a period over which the quality of new entrants is unreported. This provides the opportunity for forward-looking firms to adjust product characteristics in advance of disclosure. Using comprehensive data on Medicare Advantage from 2007-2014, I first demonstrate empirically that there exists a consumer respons...

the aim of this study is to investigate the relationship between tax avoidance and firm value with an emphasis on agency cost and disclosure quality of firms listed in tehran stock exchange. the sample of this study consists of 68 firms for the period 2004 to 2015.this study is applied in purpose and correlation- descriptive in method. in this study to test the hypotheses, multivariate linear r...

information asymmetry and conflicts of interest between management and shareholders lead to the phenomenon of moral hazard. moral hazard means that the managers may make some decisions (e.g. investment decisions) that do not meet the interests of shareholders. inefficient investment decisions include over or under-investment in firms’ labor and utilize the non-optimal number of human resources ...

This paper examines a combined set of corporate governance features that influence disclosure quality in a context of ownership concentration. Agency theory presents a theoretical framework linking disclosure decision to corporate governance mechanisms. Using a Multiple Correspondence Analysis (MCA), we find that firms with poor disclosure quality have higher ownership concentration, are family...

I examine Health Maintenance Organizations' (HMOs) voluntary disclosure of product quality, which is not as complete as unraveling theories predict. After controlling for cost and demand factors, I find that HMOs use voluntary disclosure to differentiate from competitors, with lower disclosure rates in highly competitive markets. These findings are consistent with product differentiation, but c...

Self-disclosure is an important facet of social networking site (SNS) usage. To use the service, SNS users share a variety of personal information. However, to date, only a few studies examined individuals’ self-disclosure on SNS. Among these studies, they are predominantly concerned with the amount of self-disclosure. While prior research pointed out self-disclosure is a multi-dimensional cons...

BACKGROUND Psychological stress has been widely implicated in asthma exacerbation. Evidence suggests that written emotional disclosure, an intervention that involves writing about traumatic or stressful experiences, helps to reduce stress and promote physical and psychological well-being. Written emotional disclosure may have a role in the management of asthma. OBJECTIVES This review aims to ...