Disclosure-disciplining mechanisms: Capital markets, product markets, and shareholder litigation

Accounting Review

Volumn 77, Issue 3, 2002, Pages 595-626

  Evans III, John H ^a   Sridhar, S ^a  

^a UNIVERSITY OF PITTSBURGH   (United States)

Author keywords

Cost of capital; Disciplining mechanism; Proprietary costs; Share holder litigation; Voluntary disclosures

Indexed keywords

EID: 0035995641     PISSN: 00014826     EISSN: None     Source Type: Journal    
DOI: 10.2308/accr.2002.77.3.595     Document Type: Article

References (33)

1. Do the merits matter? A study of settlements in securities class actions
2. Securities price consequences of the Private Securities Litigation Reform Act of 1995 and related events
3. The effect of legal environment on voluntary disclosure: Evidence from management earnings forecasts issued in U.S. and Canadian markets
4. Economically optimal performance evaluation and control systems
5. Discretionary management earnings forecast disclosures: Antecedents and outcomes associated with forecast venue and forecast specificity choices
6. Disclosure level and the cost of equity capital
7. Signaling games and stable equilibria
8. The voluntary inclusion of forecasts in the MD & A section of annual reports
9. Disclosure of nonproprietary information
10. Cheap talk with two audiences
11. Voluntary financial disclosure in an entry game with continua of types
12. Shareholder litigation and corporate disclosures
13. Discretionary disclosure and external financing
14. Simultaneous signalling to the capital and product markets
15. Self-enforcing voluntary disclosures
16. The informational role of warranties and private disclosure about product quality
17. Securities Act violations: Computations of damages
18. Shareholder wealth effects of the Private Securities Litigation Reform Act of 1995
19. The impact of securities litigation reform on the disclosure of forward-looking information by high technology firms
20. Stochastic monitoring and moral hazard
21. To warn or not to warn: Management disclosures in the face of an earnings surprise
22. The effect of information releases on the pricing and timing of equity issues
23. Good news and bad news: Representation theorems and applications
24. Disclosure policies with multiple users
25. Corporate disclosure quality and the cost of debt
26. Why firms voluntarily disclose bad news
27. Managerial disclosure and shareholder litigation
28. Discretionary disclosure
29. Voluntary disclosure with a strategic opponent