... secrets patents innovation EDGAR Knowledge spillover is a positive externality of private research and development (R&D) investments that plays a fundamental role in theories of economic growth and industrial organization. ¹ At the same time, knowledge spillover also benefits...

...Enrique A. Gomez ABSTRACT I study the effect of the implementation of the SEC’s EDGAR system on information asymmetry among investors. The SEC adopted EDGAR to decrease acquisition costs of mandatory filings. However, disclosure theory suggests that, even when acquisition costs are low...

... of this performance. Using a database of EDGAR downloads, we find some evidence that information acquisition of accounting reports by EDGAR users is, on average, predictive of future firm performance. We then determine the identity of the EDGAR user and examine whether different users' private expectations...