A Game Analysis of Financial Forecast Information Disclosure of Listed Companies and Its Governance
Tan Jun · Economic Survey · 2010
Based on the motives for the financial forecast information disclosure of listed companies,with game theory,the authors analyze whether listed companies are willing to disclose financial forecast information and whether the information is real.The research suggests that financial forecast information disclosure is the result of the interaction of stakeholders wishing to maximize their own benefits.Financial forecast information disclosure should be governed from within and outside listed companies to guide the financial forecast information disclosure and improve its quality.