Voluntary Disclosure and Information Asymmetry: Evidence from the 2005 Securities Offering Reform
In 2005, the Securities and Exchange Commission enacted the Securities Offering Reform (Reform), which relaxes "gun-jumping" restrictions, thereby allowing firms to more freely disclose information before equity offerings. We examine the effect of the Reform on voluntary disclosure behavio...
| Main Authors: | , , , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Wiley Blackwell,
2014-06-30T16:36:08Z.
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| Subjects: | |
| Online Access: | Get fulltext |