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Published in 2020 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2020.11.004
Abstract: Abstract We study a dynamic voluntary disclosure setting where the manager’s information and the firm’s value evolve over time. The manager is not limited in her disclosure opportunities, but disclosure is costly. The results show…
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Keywords:
disclosure;
voluntary disclosure;
manager;
evolving news ... See more keywords