Abstract Firms have ever-increasing access to consumer data, which they use personalize their advertising and price discriminate. This raises privacy concerns. Policymakers argued in response that consumers should be given control over able choose what share when. Since firms learn about a consumer’s preferences both from do not disclose, the equilibrium implications of are unclear. We study wh...

We study a dynamic voluntary disclosure setting where the manager’s information and firm’s value evolve over time. The manager is not limited in her opportunities, but costly. results show that discloses even if this leads to price decrease current period. absorbs drop order increase option of withholding future. That is, by disclosing today, can improve continuation value. provide number novel...

The economic development as a trigger of mandatory disclosure has no longer provided information needed by stakeholder, especially the primary users including investors and creditors. high demand from stakeholder urges company to reveal their through voluntary disclosure. An inquiry been an interesting discussion extensively studied in Indonesia well rest world. It is obvious because subject so...

This paper investigates the effect of non-audit services on audit quality. Following the announcement of the requirement to disclose non-audit fees, approximately one-third of UK quoted companies disclosed before the requirement became effective. Whilst distressed companies were more likely to disclose early, auditor size, directors’ shareholdings and non-audit fees were not signiŽ cantly corre...

information disclosure and quality of their presentation are affected by a lot of environmental and organizational factors that organizational culture is one of the most important. responsible organization culture creates a dynamic information environment and helps the quality of information disclosure. accordingly, the aim of this study was to evaluate the impact of organizational culture on t...

A conventional wisdom in economics posits that more intense market competition, measured in almost any way, reduces firm profit. In this paper, we challenge this conventional wisdom in a simple Cournot model with strategic R&D investments wherein an efficient firm (dominant firm) competes against less efficient firms (fringe firms). We find that an increase in the number of fringe firms can sti...

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...

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