...Wen Chen; Sumi Jung; Xiaoxia Peng; Ivy Xiying Zhang ABSTRACT Exploiting the setting of staggered adoption of the Inevitable Disclosure Doctrine (IDD) in U.S. state courts, we examine how quasi-exogenous restrictions of outside employment opportunities affect CEO compensation structure. The IDD...

...Yongtae Kim; Lixin (Nancy) Su; Zheng Wang; Haibin Wu ABSTRACT We exploit the staggered recognition of the Inevitable Disclosure Doctrine (IDD) by U.S. state courts to examine the effect of trade secret protection on the amount of firm-specific information incorporated in stock prices, as reflected...

...Ashiq Ali; Ningzhong Li; Weining Zhang ABSTRACT This study examines the effect of restrictions on managers' outside employment opportunities on voluntary corporate disclosure. The recognition of the Inevitable Disclosure Doctrine (IDD) by courts in the U.S. states in which the firms...