kaal:claim:1428387-032

More disclosure does not always mean better governance, because the information provided may be hard to assess and evaluate.

Source quote, verbatim
More disclosure may not, however, always mean better governance if the information provided is hard to assess and evaluate.
From

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009), VI.C Valuation and Risk Disclosure, p. 50
https://ssrn.com/abstract=1428387 · source PDF

Cite as

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1428387

Holds when
Classification

failuresupport: arguedfailure: disclosure-without-comprehensionfamily: disclosure-ineffectivenessdisclosuregovernance-design

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