Determinants and features of voluntary disclosure in the Chinese stock market
نویسندگان
چکیده
منابع مشابه
Essays on Mandatory and Voluntary Disclosure: The Stock Market
My dissertation examines the stock market’s assessment of corporate mandatory and voluntary disclosure. Specifically, the first part of the dissertation investigates the stock market reaction to the mandatory segment reporting changes and the second part studies how the stock market assesses credibility of voluntary management forecasts. The dissertation is composed of two essays. The first ess...
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The objectives of this study are to measure the level of voluntary disclosure provided in the annual reports of Jordanian companies and to examine the impact of disclosure level on the stock market liquidity using Jordanian data. To achieve the first objective, a self-constructed disclosure index consisting of 62 items was applied to the annual reports of 60 Jordanian non-financial companies li...
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We study the choice of disclosure and share repurchase strategies of informed managers. Using a model that captures how direct disclosures and share repurchases differentially impact short and long-term stock value, we ask when will they choose disclosure, or repurchases, or both. We find that both direct disclosure and share repurchase policies emerge in equilibrium in different regions of fir...
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ژورنال
عنوان ژورنال: China Journal of Accounting Research
سال: 2013
ISSN: 1755-3091
DOI: 10.1016/j.cjar.2013.04.001