A Study on the Motives of Voluntary Information Disclosure and the Consequences of Insufficient Disclosure -- Taking Metaverse Information Disclosure as an Example

Abstract

This paper takes the meta-cosmic concept stock as the research object, analyzes the voluntary information disclosure of listed companies, and studies the possible consequences of insufficient information of listed companies. The operation of the market is essentially the processing of various market information. Accurate and sufficient market information disclosure is an important foundation for the market mechanism to function. The voluntary information disclosure behavior of listed companies has an important impact on the volatility and normal operation of the capital market, especially the stock price.