The influence of voluntarily disclosed qualitative information
研究了《华尔街日报》中研发项目公告里自愿披露的定性信息（如政府审批、管理层意图）对创新和商业化阶段的增量解释力，发现管理层意图（尤其是大公司增加市场份额的意图）影响最大。
We examine the voluntary disclosure of qualitative information about actions involving governmental agencies and managerial intentions or beliefs in R&D project announcements in The Wall Street Journal. Our analysis indicates that information regarding government approval and managerial intentions/beliefs voluntarily disclosed in R&D project announcements interacts with industry/firm variables to provide significant incremental explanatory power in both the innovation and commercialization stages of R&D projects. Our data also indicate that the biggest impact is from managerial intentions, especially an intent to increase market share when coupled with being a larger firm. Copyright © 2000 John Wiley & Sons, Ltd.