This course provides a broad overview of the economic theories of corporate disclosure, with a focus on the effects that these disclosures have on financial markets. The range of topics we will study includes: voluntary disclosure, earnings management, cheap talk, reputation games, and disclosure's impact on trade, investor welfare, and asset prices.
3 units · GSB Letter Graded
This course provides a broad overview of the economic theories of corporate disclosure, with a focus on the effects that these disclosures have on financial markets. The range of topics we will study includes: voluntary disclosure, earnings management, cheap talk, reputation games, and disclosure's impact on trade, investor welfare, and asset prices.
Offered in Spring 2027 at Stanford University.