Dissemination of price-sensitive information and management of voluntary corporate disclosure

Article Abstract:

Research on 27 UK companies and how they tackle the issue of price-sensitive information shows that regulations have limitations when companies are seeking clear boundaries. Legal concepts may not be easy to apply in practice, and it is not always easy to assess whether information is price-sensitive. Companies may have difficulty in ascertaining how market expectations affect their share prices. There are parallels with research carried out by Gibbins, though there are also differences in findings.

Security and commodity exchanges, United Kingdom, Securities law

---

And on new issues

Article Abstract:

UK investors may find their access to new share issues is restricted after an announcement by the Stock Exchange that lare issues do not have to be offered to the public. Companies will be able to restrict access from Jan 1996. ProShare is a UK investors' organization which is opposed to this change, but investors have often lost money when buying new issues, and have become more cautious. This means that shares often have to be underpiced to attract public interest.

---

A grounded theory of corporate disclosure

Article Abstract:

A study on corporate disclosure is presented. The factors like disclosure choices, managerial opportunism and optimism, interaction with stock markets etc. that make up corporate disclosure are examined.

United States, Analysis, Interpretation and construction, Corporation reports, Company reports, Disclosure of information, Disclosure laws

Similar abstracts:

• Abstracts: An examination on perceived risk, information search and behavioral intentions in search, experience and credence services
• Abstracts: Valuing past performance. Democratizing disclosure. Vive la difference!
• Abstracts: A discussion of the use of sensitivity panels in market research. The use of interaction coding and follow-up interviews to investigate comprehension of survey questions
• Abstracts: Supporting compensation allocations in personal service corporations. Do you need to understand the child tax credit?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.