Ball and Shivakumar (2008) suggest mandatory periodic reporting disciplines disclosure and encourages timely voluntary disclosure. We examine this hypothesis using the shock to reporting quality experienced by former Arthur Andersen clients after they were forced to switch auditors. Consistent with the confirmatory role of mandatory reporting, we find that former Andersen clients increase discl...

background: the manner in which healthcare professionals deliver bad news affects the way it is received, interpreted, understood, and dealt with. despite the fact that clinicians are responsible for breaking bad news, it has been shown that they lack skills necessary to perform this task. objectives: the purpose of this study was to explore iranian mothers’ experiences to receive bad news abou...

OBJECTIVE Bad news disclosure is one of the complex communication tasks of the physicians. Bad news is defined as:" any news that adversely and seriously affects an individual's view of his or her future". Recent studies indicate that the patients' and physicians' attitudes toward disclosure of bad news have been changed since few years ago. The evidence of breaking bad news is also different a...

Background: Truth disclosure is one of the major challenges for physicians with cancer patients. The attitude toward breaking news adopted by individuals depends on their cultural background. The present study was conducted at Ardabil University of Medical sciences, Ardabil, Iran, to investigate the attitudes of Turkish-speaking patients with cancer and their families to the disclosure of bad n...

Managers have incentives to voluntarily disclose good news early and delay bad news disclosure, and we propose that earnings announcements offset these asymmetric incentives by assuming a proportionately greater role in the disclosure of bad news relative to good news. We find that when news measured by quarterly market-adjusted returns is negative, the proportion of news variation concentrated...

The Effects of Disclosure Regulation on Innovative Firms: Private Values* by Jos Jansen Firms in an R&D race actively manage rivals’ beliefs by disclosing and concealing information on their cost of investment. The firms’ disclosure strategies affect their incentives to invest in R&D, and to acquire information. We compare equilibria under voluntary disclosure with those under mandatory disclos...

This paper examines factors influencing voluntary forecast disclosure by target companies, whether good/bad news forecasts are disclosed and the influence of forecasts on the outcome of hostile bids. Disclosure was significantly more likely during contested bids. In agreed bids, probability of forecast disclosure was greater the shorter the bid horizon. In contested bids, forecasts were more li...