Do Firms Strategically Internalize Disclosure Spillovers? Evidence from Cash‐Financed M&As
© University of Chicago on behalf of the Accounting Research Center, 2020 We investigate whether managers internalize the spillover effects of their disclosure on the stock price of related firms and strategically alter their disclosure decisions when doing so is beneficial. Using data on firm-initi...
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2021
|
| Online Access: | https://hdl.handle.net/1721.1/135280 |