This paper examines whether the different types of block shareholdings will have a different impact on the extent of Web voluntary disclosure during the differential privatization stages. Prior literature suggests that block ownership may have a substitutive or complementary monitoring effect on corporate disclosure. However, for economies transferring from state endowment to being privately he...

The Web form is the primary mechanism to collect personal data from individuals on the Web. Privacy concerns, time spent, and typing effort act as a major deterrent to completing Web forms. Yet consumers regularly provide more data than required. In a field experiment, we recruited 1500 Web users to complete a form asking for ten items of identity and profile information of varying levels of se...

We estimate and test a model of voluntary disclosure in which a manager’s information set is uncertain (Dye 1985; Jung and Kwon 1988). In this model, a manager makes his disclosure decision to maximize the market price, but sometimes, for exogenous reasons, he cannot or is not willing to disclose. We offer a flexible framework to measure the prevalence of unobservable disclosure frictions and t...

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...

INTRODUCTION HIV disclosure to a steady sexual partner (SSP) is important both in preventing HIV transmission and improving the quality of life of people living with HIV (PLHIV). Its determinants have been poorly investigated in the Democratic Republic of the Congo. The study objective was to determine factors independently associated with voluntary disclosure to one's SSP in PLHIV receiving se...