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Matches in SemOpenAlex for { <https://semopenalex.org/work/W90778657> ?p ?o ?g. }

• W90778657 abstract "This paper outlines a real options approach to valuing those announcements which are made by firms outside of their legal requirements. From the firm's perspective, information is disclosed only if the manager of the firm is sufficiently certain that the market response to the announcement will have a positive impact on the value of the firm.When debt financing is possible we find that the manager adopts a more transparent disclosure policy, thus violating the Modigliani-Miller theorem on irrelevance of capital structure." @default.
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• W90778657 date "2011-01-01" @default.
• W90778657 modified "2023-09-27" @default.
• W90778657 title "Valuing voluntary disclosure using a real options approach" @default.
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