In this thesis, I provide empirical results on three questions regarding financial reporting, information intermediaries, and executive compensation. First, investors perceive managers as less trustworthy when they obfuscate information in financial reports. Second, investors shift their attention between companies and the media depending on how much they trust these sources. Third, the design, development, and consequences of executive compensation in Germany differ from the U.S., creating need for further investigation.
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In this thesis, I provide empirical results on three questions regarding financial reporting, information intermediaries, and executive compensation. First, investors perceive managers as less trustworthy when they obfuscate information in financial reports. Second, investors shift their attention between companies and the media depending on how much they trust these sources. Third, the design, development, and consequences of executive compensation in Germany differ from the U.S., creating need...
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