Common ownership and voluntary disclosure
WebApr 2, 2024 · If common ownership leads to an increase in disclosure, then these additional disclosures should reduce information asymmetry and result in increased … WebJan 1, 2010 · In a highly concentrated family ownership situation, the impact on voluntary disclosure is more complicated and can be viewed from two perspectives as suggested in the finance literature—the convergence of interest and management entrenchment hypotheses ( Morck et al., 1988 ).
Common ownership and voluntary disclosure
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WebFeb 28, 2024 · Common ownership may affect disclosure through two mechanisms. First, to the extent that common ownership decreases competition, firms may be less … WebApr 10, 2024 · We draw on (Merton, The Journal of Finance 42:483-510, 1987) to develop predictions for the benefits of voluntary disclosures by firms pursuing an initial public offering (IPO) prior to when they begin providing regulated financial information via their IPO prospectus. We find that voluntarily issuing press releases and attending investor and …
WebSelect search scope, currently: articles+ all catalog, articles, website, & more in one search; catalog books, media & more in the Stanford Libraries' collections; articles+ journal articles & other e-resources WebSep 16, 2012 · This study focuses on the association of voluntary compensation disclosure and ownership structure. It provides evidence that the detachment of control and cash flow rights in dual class share firms is associated with lower levels of compensation disclosure. This association is incremental to the level of managerial …
WebMay 8, 2024 · Public disclosure can facilitate collusion by aiding in coordination and monitoring for defections. Using common ownership (investors holding stock in … Web(OECD, 2010). In this study, we investigate whether voluntary disclosure is associated with incentives for firms to collude. Our proxy for reduced incentives to compete is common ownership (investors holding stock in competing firms). While a number of studies suggest common ownership reduces competitive
WebThese FAQs provide an overview of the aggregation rules that apply for purposes of the gross receipts test under Internal Revenue Code (Code) section 448(c) (section 448(c) gross receipts test), and that apply in determining whether a taxpayer meets the small business exemption under section 163(j) of the Code. Please refer to the Code and …
WebApr 15, 2016 · A common form of ownership concentration is via establishing family control over the company. In such family run businesses family members act as managers and are usually long-term oriented. ... “Determinants of voluntary executive stock option disclosure in Brazil.” J. Manag. Gov. 17 (2013): 331–361. [Google Scholar] R. Morck, A ... maggie\\u0027s royal free hospitalWebCommon Ownership and Voluntary Disclosure 来自 SSRN 喜欢 0 阅读量： 106 作者： Pawliczek, Andrea ， Skinner, A. Nicole 摘要： Investors increasingly hold stock in multiple firms that compete in the same product market (i.e., "common ownership" or "horizontal shareholding"). Taking mark 关键词： Disclosure common ownership horizontal … maggie\\u0027s organics socksWebJun 1, 2024 · This paper examines whether common ownership – i.e., instances where investors simultaneously own significant stakes in competing firms – affects voluntary … maggie\\u0027s on the promWebSep 21, 2024 · On the other hand, given that the disclosure is voluntary, the fact that managers choose to disclosure information would mean that the negative impacts on … maggie\\u0027s sewing fort collinsWebfor voluntary disclosure, such as passive blockholders, reduces the firm’s incentive to provide voluntary disclosure. The results are robust to endogeneity and reverse … maggie\\u0027s shoes seattleWebNov 21, 2024 · At the start of the 21st century, almost no companies released ESG-related disclosures, but by 2024, most large publicly traded U.S. firms had converged around voluntary standalone ESG reports as a primary means of documenting their ESG activities. ESG reports are unstandardized in form and content, since they are not audited, … maggie\\u0027s thriftWebApr 1, 2024 · We argue that common ownership (i) reduces proprietary cost concerns of disclosure, and (ii) incentivizes firms to “internalize” the externality benefits of their disclosure for co-owned peer firms. Accordingly, we find a positive relation between … Voluntary disclosure models derive management’s optimal disclosure … 1. Introduction. I examine the effects of proprietary information on corporate … Journal of Accounting and Economics 12 (1990) 365-380. North-Holland … Table 1, Panel A presents summary statistics for our variables of interest.Our … Analyst coverage is the average number of analysts making earnings forecasts for … Fig. 1 summarizes the organization of the paper. The two main topics of interest … The results, presented in Table 2, strongly support the hypothesis that illiquidity is … Our bond sample consists of private firms that issue public debt between 1995 and … Passive institutional investors are an increasingly important component of … 1. Introduction. The Financial Accounting Standards Board (FASB) (1991) notes … maggie\\u0027s other farm