The Real Costs of Disclosure
收藏NBER2013-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19420
下载链接
链接失效反馈官方服务：
资源简介：
This paper models the effect of disclosure on real investment. We show that, even if the act of disclosure is costless, a high-disclosure policy can be costly. Some information ("soft") cannot be disclosed. Increased disclosure of "hard" information augments absolute information and reduces the cost
提供机构：
美国国家经济研究局
创建时间：
2013-09-01
