Voluntary Disclosure When Private Information and Proprietary Costs Are Jointly Determined
发布时间 2021-04-08 16:33:08 来源
摘要
The RAST conference held at Stanford, December 10-11, 2020 has a special focus on the role of financial reporting and disclosure and its impact on CSR (corporate social responsibility) and ESG (Environmental, Social, and Governance) policies and actions.
Voluntary Disclosure When Private Information and Proprietary Costs Are Jointly Determined
Presented by Daniel Taylor, University of Pennsylvania with discussant Iván Marinovic
What happens to voluntary disclosure when both proprietary costs and private information increase simultaneously? Professor Daniel Taylor, from the Wharton School of Business, examines when greater private information entails greater proprietary costs of disclosure. In this setting, he discusses that the probability of voluntary disclosure is unimodal: it first increases, reaches a unique peak, then decreases. He finds support for the theoretical predictions in multiple empirical settings.
The full program and additional information is available here: https://www.gsb.stanford.edu/events/review-accounting-studies-2020-conference
Watch Welcome and Introduction: https://youtu.be/SynFc5e_Pts
Watch Session 1 on Financial (Mis)conduct and Employee Mistreatment: Evidence from Wage Theft: https://youtu.be/8v4sia-MRf0
Watch Session 2 on Doing Good When Doing Well: Evidence on Real Earnings Management: https://youtu.be/S1G09ctti9E
Watch Session 3 on Strategic Reporting by Nonprofit Hospitals: An Examination of Bad Debt and Charity Care: https://youtu.be/xUkctohvGIE
Watch Session 5 on Criminals, Bankruptcy, and Cost of Debt: https://youtu.be/jakTtJGyNjw
Watch Session 6 on Monitoring or Payroll Maximization? What Happens When Workers Enter the Boardroom?: https://youtu.be/IeRhmqRRs7k
Watch Session 7 on A New Take on Voice: The Influence of BlackRock’s “Dear CEO” Letters: https://youtu.be/WcVRytFUEpA
Watch Session 8 on The Impact of Carbon Disclosure Mandates on Emissions and Financial Operating Performance: https://youtu.be/oH23bdt44TU
Watch Current Statistics on RAST and Closing Remarks: https://youtu.be/cV6nPkqzcJI
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