Xue-Ying Wen

When risk silences optimism: supply chain disruption risk and the reduction of abnormal managerial tone

Amid intensifying geopolitical frictions and the trend toward de-globalization, supply chain disruptions have emerged as a salient source of risk for firms, yet their implications for managerial disclosure remain unclear. Our study aims to reveal the impact of supply chain disruption risk on managerial tone managem...