Article : texte imprimé

Discretionary disclosure of proprietary information in a multisegment firm

Anil Arya, Auteur ; Hans Frimor, Auteur ; Brian Mittendorf, Auteur |

Dans Management science (Vol. 56 N° 4, Avril 2010)

The seminal “unraveling” result in the disclosure literature posits that discretion inevitably leads to full disclosure, even when such disclosure has detrimental consequences. In this paper, we revisit optimal disclosure of proprietary informat[...]

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