Linking Industry Concentration to Proprietary Costs and Disclosure: Challenges and Opportunities

24 Pages Posted: 18 Aug 2014 Last revised: 10 Sep 2017

See all articles by Mark H. Lang

Mark H. Lang

University of North Carolina at Chapel Hill

Edward Sul

George Washington University - School of Business

Date Written: August 15, 2014

Abstract

Despite a substantial literature linking industry concentration, proprietary costs and disclosure, existing evidence is mixed. We discuss three challenges to the literature: lack of strong theoretical predictions, difficulty in measuring relevant aspects of industry concentration and difficulty in identifying disclosures that are likely to carry significant proprietary costs. We link each of the issues to the findings in Ali et al. (2014) and identify potential opportunities for future research.

Keywords: Disclosure, Proprietary Costs, Industry Concentration

JEL Classification: D4, D42, G2, G29, G3, G32, L1, M4

Suggested Citation

Lang, Mark H. and Sul, Edward, Linking Industry Concentration to Proprietary Costs and Disclosure: Challenges and Opportunities (August 15, 2014). Journal of Accounting & Economics (JAE), Vol. 58, No. 2-3, 2014. Available at SSRN: https://ssrn.com/abstract=2481706 or http://dx.doi.org/10.2139/ssrn.2481706

Mark H. Lang (Contact Author)

University of North Carolina at Chapel Hill ( email )

Kenan-Flagler Business School
McColl Building
Chapel Hill, NC 27599-3490
United States
919-962-1644 (Phone)
919-962-4727 (Fax)

Edward Sul

George Washington University - School of Business ( email )

2201 G St NW
Funger Hall 607
Washington, DC 20052
United States
2029941434 (Phone)

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