Disclosures play an apparently critical role in the empirical regularity of the short-run momentum and long-run reversal in stock returns. Motivated by this evidence, this paper integrates an analysis of disclosures within an asset pricing model to arrive at a framework in which disclosures and asset returns are jointly determined. Disclosures resolve uncertainty, but the increased information ...

AIM To quantify the variability of financial disclosures by authors presenting orthopaedic trauma research. METHODS Self-reported authorship disclosure information published for the 2012 American Academy of Orthopaedic Surgeons (AAOS) and Orthopaedic Trauma Association (OTA) meetings was compiled from meeting programs. Both the AAOS and OTA required global disclosures for participants. Data c...

The reported study examined the implications of receiving superficial self-disclosures from a friend. A total of 199 adults reported on communication episodes initiated by a friend during the previous 7 days via five communication technologies and completed measures of liking, relationship satisfaction, and willingness to provide social support to their friend. The results revealed significant ...

This paper investigates how the characteristics of information security incidents and disclosures in financial reports affect the valuation of a firm. Building on theories of disclosures in the accounting literature, we investigate investor reaction to disclosures through both quantitative and qualitative analyses. A cross-sectional analysis is first performed to examine the effect of the numbe...

FORUM Breaking news to a patient of an illness feared to be serious or life-threatening has always caused difficulties, both moral and ethical, among doctors and all other health care providers. Moreover, there are distinct differences in the approach to this topic among various religious and cultural groups. In any diverse society, such as that in South Africa, it is helpful for doctors to fam...

Researchers have long recognized the importance of understanding corporate risk disclosures and conducted empirical studies to investigate various research questions. This dissertation particularly focuses on investigating the impact of these textual risk disclosures on post-disclosure risk perceptions of investors. The objective of this dissertation is two-fold. Firstly, we aim to design an au...

This paper studies how information disclosure a ects investment e ciency and investor welfare in a dynamic setting in which a rm makes sequential investments to adjust its capital stock over time. We show that the e ects of accounting disclosures on investment e ciency and investor welfare crucially depend on whether such disclosures convey information about the rm's future capital stock or abo...