search query: @author Zhang, H. / total: 15
reference: 6 / 15
| Author: | Bodoff, D. Zhang, H. |
| Title: | Corporate Disclosure Dissemination: When More is Less |
| Journal: | Decision Support Systems
2003 : JUL, VOL. 35:4, p. 455-466 |
| Index terms: | DISCLOSURE INFORMATION INTERNET |
| Language: | eng |
| Abstract: | The U.S. Securities and Exchange Commission's EDGAR on the Internet (EOT) initiative greatly expanded investors' access to corporate disclosure documents. Investors refer to these documents when making investment decisions. Management science literature and the popular press assume that more complete disclosure and more widespread dissemination of these data are always beneficial. On the other hand, the analytical literature in finance and accounting shows that the benefits of disclosure, as measured by investor utility, are not straightforward. In this paper, the authors adopt a rational expectations equilibrium model to investigate whether investors benefit from the wider dissemination that resulted from EOI. |
SCIMA