Our results suggested that preferred business values included credible information disclosure on improved water quality, reduced flood risk, environmental safeguards, and/or social safeguards of the upstream forests.
Whereas this literature provides broad, though not unanimous evidence that an increase in credible voluntary disclosure is associated with a decreasing cost of equity capital and other, related measures, there is still a research gap regarding the impact of voluntary disclosures on strategy.
Our study shows that credible and voluntary disclosure of IC self-assessment has some signaling effect in the market.
In the same space only hours later, on Friday morning, Secretary of State Hillary Rodham Clinton said that "al Qaeda again is seeking to harm Americans and in particular to target New York and Washington," referring to the disclosure of "specific credible reports" of impending terrorist activity this weekend.
If investors were to assume that forward-looking communication on strategy is costless as well as non-binding, they would then interpret such disclosures as not credible and rather as 'cheap talk' (Crawford and Sobel 1982).
For such a threat to be credible, the victim must fear the disclosure and believe that the blackmailer is capable of executing the threat.
Ms. Williams said organizations should be exempted from disclosure when there was credible evidence their donors could face threats or harassment, but not when they feared the prospect of economic harm to their donors, — from a boycott, for example.
Jamie xx is perhaps unfairly seen as bearing a far more credible connection to "real dance music" than Disclosure, yet in truth, his audience is probably just as disconnected from this world.
While we support improved disclosures, they are not a credible alternative to a best interest standard combined with real restrictions on harmful conflicts.
Pollsters don't agree on what makes a quality poll, but they do agree that transparency and disclosure are necessary to be considered a credible poll.
