… Second, we hand-collect redaction data… redact information from their material contract
disclosures during the fiscal year 2001, and over 25% of our firms disclosed that they had redacted …

… We find that when firms redact information, contemporaneous measures of the adverse …
less likely to redact when they issue long term debt, and are more likely to redact when they …

… Consistent with prior research, we focus our empirical analysis on redacted material contracts,
hereafter redacted disclosures. See Figure IA-1 of the online appendix for an example of …

… We examine whether and how redacted disclosure in material contracts is related to the …
affected by the redacted disclosure. Our findings show that while redacted disclosure has limited …

… Therefore, this study's investigation into changing redaction motives among … on redacted
information, we delve into the underlying shifts in motives for Chinese redacted disclosures from …

… are more likely to redact mandated disclosures when major … also curtail operations-related
disclosures in the management … their customers' disclosure incentives and curtail disclosures, …

… Following prior literature (Verrecchia and Weber 2006; Glaeser 2018), we also include as
control variables the following determinants of redacted disclosure. We control for a firm’s R&D …

… Overall, the findings suggest that redacted disclosures are associated with greater investor
… managers' other disclosure policies affect the relation between redaction and analyst …

… We also discovered 253 instances where the firm did not disclose in its first S-1 that it would
redact information, but it subsequently omitted portions of at least one material agreement. …

… non-earnings disclosure substitutes for redacted proprietary contract information. When
firms redact contract information, they provide more voluntary disclosures and have higher …