# Disclosure
**Source**: https://bm.hkust.edu.hk/bizinsight/tag/disclosure
**Parent**: https://bm.hkust.edu.hk/
[BISETTI, Emilio](https://bm.hkust.edu.hk/faculty/bisetti-emilio)
[How Supervision Can Boost Shareholder Value](https://bm.hkust.edu.hk/bizinsight/2026/01/how-supervision-can-boost-shareholder-value)
[Financial Market](https://bm.hkust.edu.hk/bizinsight/tag/financial-market)
[Regulation](https://bm.hkust.edu.hk/bizinsight/tag/regulation)
[Disclosure](https://bm.hkust.edu.hk/bizinsight/tag/disclosure)
Contrary to the common belief that financial supervision is costly for bank shareholders, agency theory indicates that supervisors’ audits can actually save shareholders money. Emilio Bisetti of HKUST examines this apparent contradiction in a unique setting—a sudden and unexpected decrease in off-site surveillance by the U.S. Federal Reserve (the Fed). “A
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[Read More](https://bm.hkust.edu.hk/bizinsight/2026/01/how-supervision-can-boost-shareholder-value)
[ [BizStudies](https://bm.hkust.edu.hk/bizinsight/bizstudies "BizStudies") ]
[Read Full Paper](https://pubsonline.informs.org/doi/epdf/10.1287/mnsc.2021.03083)
[CHEN, Tai Yuan](https://bm.hkust.edu.hk/faculty/chen-tai-yuan)
CHEN, Yi-Chun
[HUNG, Mingyi](https://bm.hkust.edu.hk/faculty/hung-mingyi)
[Regulatory Distance and Bank Transparency](https://bm.hkust.edu.hk/bizinsight/2025/05/regulatory-distance-and-bank-transparency)
[banks](https://bm.hkust.edu.hk/bizinsight/tag/banks)
[Firm Risk](https://bm.hkust.edu.hk/bizinsight/tag/firm-risk)
[Multinational Firms](https://bm.hkust.edu.hk/bizinsight/tag/multinational-firms)
[Disclosure](https://bm.hkust.edu.hk/bizinsight/tag/disclosure)
Multinational banks (MNBs) play a critical role in promoting international business and maintaining the stability of the global financial system. Offering policy implications for regulators worldwide, Tai-Yuan Chen and Mingyi Hung of HKUST, working with a colleague, show how the reporting transparency of MNBs (which operate extensively across borders) is
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[Read More](https://bm.hkust.edu.hk/bizinsight/2025/05/regulatory-distance-and-bank-transparency)
[ [BizStudies](https://bm.hkust.edu.hk/bizinsight/bizstudies "BizStudies") ]
[Read Full Paper](https://link.springer.com/article/10.1057/s41267-021-00491-6)
JIANG, Xu
XIN, Baohua
[XIONG, Yan](https://bm.hkust.edu.hk/faculty/xiong-yan)
[Mandatory Certification for Enhancing Investment Efficiency](https://bm.hkust.edu.hk/bizinsight/2024/11/mandatory-certification-enhancing-investment-efficiency)
[Disclosure](https://bm.hkust.edu.hk/bizinsight/tag/disclosure)
[Policy and Regulation](https://bm.hkust.edu.hk/bizinsight/tag/policy-and-regulation)
[ESG](https://bm.hkust.edu.hk/bizinsight/tag/esg)
Firms’ financial reports are an important source of information for market participants, and relevant disclosure requirements have been imposed by regulators. However, “there is no discussion about the verification requirements of such disclosures,” explain HKUST’s Yan Xiong and colleagues. They offer an alternative explanation for the importance of
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[Read More](https://bm.hkust.edu.hk/bizinsight/2024/11/mandatory-certification-enhancing-investment-efficiency)
[ [BizStudies](https://bm.hkust.edu.hk/bizinsight/bizstudies "BizStudies") ]
[Read Full Paper](https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-679X.12460)
[HUANG, Allen](https://bm.hkust.edu.hk/faculty/huang-allen)
[How Cautionary Language Help Companies Avoid Lawsuits and Encourage Information Disclosure](https://bm.hkust.edu.hk/bizinsight/2022/10/how-cautionary-language-help-companies-avoid-lawsuits-and-encourage-information)
[Firm Risk](https://bm.hkust.edu.hk/bizinsight/tag/firm-risk)
[Disclosure](https://bm.hkust.edu.hk/bizinsight/tag/disclosure)
[Litigation Risk](https://bm.hkust.edu.hk/bizinsight/tag/litigation-risk)
[Mandate](https://bm.hkust.edu.hk/bizinsight/tag/mandate)
Securities class action lawsuits allow investors to recuperate investment losses caused by securities law violations. They are arguably the most significant litigation risk for firms listed in the United States and other major economics such as U.K., Australia and Canada. In these lawsuits, shareholders usually allege that company management defrauds
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[Read More](https://bm.hkust.edu.hk/bizinsight/2022/10/how-cautionary-language-help-companies-avoid-lawsuits-and-encourage-information)
[ [BizTalks](https://bm.hkust.edu.hk/bizinsight/biztalks "BizTalks") ]
[Watch Video](https://video.ust.hk/Watch.aspx?Video=9CA4FCFBEC1DA0E7&embed=Y)
[Read Full Paper](https://link.springer.com/article/10.1007/s11142-021-09590-z)