Optimal Financing and Disclosure
Published Online:14 May 2020https://doi.org/10.1287/mnsc.2019.3462
References
- (2000) Forcing firms to talk: Financial disclosure regulation and externalities. Rev. Financial Stud. 13(3):479–519.Crossref, Google Scholar
- (2018) Persuasion in relationship finance. Working Paper No. 2017-16, Becker Friedman Institute for Research in Economics, Chicago.Google Scholar
- (2004) Why do managers explain their earnings forecasts? J. Accounting Res. 42(1):1–29.Crossref, Google Scholar
- (2014) Shaping liquidity: On the causal effects of voluntary disclosure. J. Finance 69(5):2237–2278.Crossref, Google Scholar
- (2014) Disclosure, business change and earnings quality. Working paper, Meta Heuristica, Clifton, VA.Google Scholar
- (2010) The financial reporting environment: Review of the recent literature. J. Accounting Econom. 50(2):296–343.Crossref, Google Scholar
- (2002) Do conference calls affect analysts’ forecasts? Accounting Rev. 77(2):285–316.Crossref, Google Scholar
- (1987) Signaling games and stable equilibria. Quart. J. Econom. 102(2):179–221.Crossref, Google Scholar
- (1951) On the fundamental lemma of Neyman and Pearson. Ann. Math. Statist. 22(1):87–93.Crossref, Google Scholar
- (2005) Bidding with securities: Auctions and security design. Amer. Econom. Rev. 95(4):936–959.Crossref, Google Scholar
- (1991) Disclosure, liquidity, and the cost of capital. J. Finance 46(4):1325–1359.Crossref, Google Scholar
- (1985) Disclosure of nonproprietary information. J. Accounting Res. 23(1):123–145.Crossref, Google Scholar
- (1989) Disclosure decisions by firms and the competition for price efficiency. J. Finance 44(3):633–646.Crossref, Google Scholar
- (1990) The optimal amount of discretion to allow in disclosure. Quart. J. Econom. 105(2):427–444.Crossref, Google Scholar
- (2001) Information production, dilution costs, and optimal security design. J. Financial Econom. 61(1):3–42.Crossref, Google Scholar
- (2018) Stress tests and information disclosure. J. Econom. Theory 177:34–69.Google Scholar
- (2010) The information content of IPO prospectuses. Rev. Financial Stud. 23(7):2821–2864.Crossref, Google Scholar
- (1989) The design of securities. J. Financial Econom. 24(2):255–287.Crossref, Google Scholar
- (2001) Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature. J. Accounting Econom. 31(1):405–440.Crossref, Google Scholar
- (2001) The relevance of the value-relevance literature for financial accounting standard setting. J. Accounting Econom. 31(1):3–75.Crossref, Google Scholar
- (1990) Limited liability and incentive contracting with ex-ante action choices. J. Econom. Theory 52(1):45–67.Crossref, Google Scholar
- (2018) Persuading multiple audiences: Disclosure policies, capital requirements, and liquidity provision? Working paper, Northwestern University, Evanston, IL.Google Scholar
- (2016) Optimal disclosure rule and efficient liquidation. Working paper, Duke University, Durham, NC.Google Scholar
- (2011) Bayesian persuasion. Amer. Econom. Rev. 101(6):2590–2615.Crossref, Google Scholar
- (2010) Information content of public firm disclosures and the Sarbanes-Oxley act. Working paper, Massachusetts Institute of Technology, Cambridge.Google Scholar
- (1966) A class of continuous linear programming problems. J. Math. Anal. Appl. 16(1):73–83.Crossref, Google Scholar
- (2007) IPO underpricing. Eckbo BE, ed. Handbook of Corporate Finance: Empirical Corporate Finance, vol. 1 (Elsevier, Amsterdam), 375–422.Google Scholar
- (2002) Envelope theorems for arbitrary choice sets. Econometrica 70(2):583–601.Crossref, Google Scholar
- (2017) Rational opacity. Rev. Financial Stud. 30(12):4317–4348.Crossref, Google Scholar
- (1994) Optimal design of securities under asymmetric information. Rev. Financial Stud. 7(1):1–44.Crossref, Google Scholar
- (1980) Optimality conditions and duality in continuous programming II. The linear problem revisited. J. Math. Anal. Appl. 77(2):329–343.Crossref, Google Scholar
- (2016) Optimal leverage and strategic disclosure. Working paper, University of Warwick, Coventry, UK.Google Scholar
- (1983) Discretionary disclosure. J. Accounting Econom. 5:179–194.Crossref, Google Scholar
- (2018) Financing entrepreneurial production: Security design with flexible information acquisition. Rev. Financial Stud. 32(3):819--863.Google Scholar

