A debate opposes many accounting, finance, and economics researchers on investors’ need for disclosure regulation. Indeed, Healy and Palepu (2001) note that extent theory on voluntary disclosure shows that, absent market imperfections or externalities, firm managers have incentives to optimally trade off the costs and benefits of voluntary disclosure and to provide the efficient level of inform...

Purpose: This paper empirically investigates the factors that impact voluntary information disclosure level of Turkish manufacturing companies listed in the Borsa Istanbul (BIST). Design/methodology/approach: The data collection methodology of the study is content analysis of annual reports of the corporations listed on the BIST for the year 2010. In order to analyze the results, we employed Or...

companies' continuity, because all companies have some relations with the society;therefore, the society provides long-term survival of the company.in this way, companies in addition to economic responsibility, must take responsibilityof social issues. therefore, with respect to corporate social responsibility andits revelations, the current paper examines the relationship between social r...

A Correction to this paper has been published: 10.1007/s11142-021-09623-7

Single-segment (focused) firms have a natural disadvantage compared to multi-segment (diversified) with respect to voluntary disclosure policy. Since aggregate disclosures by focused firms are at a finer level of detail than those of diversified firms, the latter have greater ability to react to focused firm information and therefore have a competitive advantage. I provide evidence that focused...