The Role of the Manager?s Human Capital in Discretionary Disclosure
Venky Nagar
University of Michigan - Stephen M. Ross School of Business
Journal of Accounting Research, Supplement, 1999
Abstract:
Prior studies have characterized Verrecchias (1983) discretionary disclosure costs mainly in terms of competitive concerns. This study shows that separating the managers and the shareholders into two separate, self-interested beings also leads to disclosure costs, precluding discretionary disclosure in certain cases.
JEL Classification: G31, G32, G34, M41, M45, J33
Accepted Paper Series
Suggested Citation
Nagar, Venky, The Role of the Manager?s Human Capital in Discretionary Disclosure. Journal of Accounting Research, Supplement, 1999. Available at SSRN: http://ssrn.com/abstract=208273
