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Journal Articles
The Accounting Review (2023) 98 (6): 1–36.
Published: 01 October 2023
...Jeremy Bertomeu; Peicong Hu (Keri); Yibin Liu ABSTRACT Investors have a finite capacity to organize all information they receive from financial disclosures. Under rational inattention, we show that investor processing capacity affects the probability of disclosure. Our main result...
Includes: Supplementary data