The Role of Public Disclosure in Regulatory Oversight: Evidence from SEC Comment Letters
This paper examines the benefits and costs of disclosing regulatory oversight actions. Specifically, I analyze the capital-market consequences of the SEC’s decision to make firm reviews publicly available. Typically, following a review of a public company, the SEC creates a “comment letter” describi...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
2015
|
| Subjects: | |
| Online Access: | https://doi.org/10.7916/D8T152W6 |