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Using a regression discontinuity design, I find that firms reduce disclosure following covenant violations.
He, like his out of state pals, has used a loophole in the law to reduce disclosure to a farce.
For a department under fire from student advocates over its allegedly lackluster efforts to supervise student loan servicers, the move to reduce disclosure was viewed by some consumer groups and other higher education experts as an attempt to shield companies such as Sallie Mae from additional scrutiny.
However, certain confidants also wanted to impose their own limits in order to reduce disclosure.
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With this safety net much reduced, disclosure matters more.
Reducing disclosure has never been a positive when it comes to public companies, they might argue.
With its debut, SolarCity plans to take advantage of provisions in the Jumpstart Our Business Startups Act that allow for reduced disclosure.
All warnings proved to be effective in reducing disclosure, but "hazard" proved to be most effective.
Also warnings were more effective in reducing disclosure of driver's license numbers than email addresses.
Traditional solutions to the problem of reducing disclosure risk include releasing de-identified data and modifying data before release.
As it notes, the rules allow it to "take advantage of certain exemptions from reporting requirements that are applicable to other public companies that are not 'emerging growth companies.'" Those exemptions include "reduced disclosure obligations regarding executive compensation," and "compliance with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com