Discretionary and Non-Discretionary Revisions of Loss Reserves by Property-Casualty Insurers: Differential Implications for Future Profitability, Risk and Market Value Kathy R. PetroniStephen G. RyanJames M. Wahlen OriginalPaper Pages: 95 - 125
Information Asymmetry, Investment Horizons, and the Dual Role of Public Announcements Gilad Livne OriginalPaper Pages: 127 - 153
Public Reports, Information Acquisition by Investors, and Management Incentives Gerald A. FelthamMartin G. H. Wu OriginalPaper Pages: 155 - 190