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Conflicted financial advice: disclosure revisited

dc.contributor.authorChen, Paul
dc.contributor.authorRichardson, Martin
dc.date.accessioned2020-07-16T05:41:50Z
dc.date.issued2017-08-30
dc.date.updated2020-04-05T08:18:36Z
dc.description.abstractWe examine the impact of disclosing an advisor’s conflict of interest in providing financial advice to a client in an experiment. We find that an advisor’s conflict of interest harms the client and that disclosing the conflict harms the advisor. Unlike earlier literature, we do not find that disclosure of the advisor’s conflict of interest results in moral licensing or strategic exaggeration behaviour by the advisor nor, relatedly, that disclosure disadvantages the client.en_AU
dc.description.sponsorshipThis work was supported by the College of Business and Economics at the Australian National University under Grant [RSG 2014-15].en_AU
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.citationPaul Chen & Martin Richardson (2018) Conflicted financial advice: disclosure revisited, Applied Economics Letters, 25:12, 826-829, DOI: 10.1080/13504851.2017.1368984en_AU
dc.identifier.issn1350-4851en_AU
dc.identifier.urihttp://hdl.handle.net/1885/206288
dc.language.isoen_AUen_AU
dc.publisherRoutledge, Taylor & Francis Groupen_AU
dc.rights© 2017 Informa UK Limited, trading as Taylor & Francis Groupen_AU
dc.sourceApplied Economics Lettersen_AU
dc.subjectConflict of interesten_AU
dc.subjectdisclosureen_AU
dc.subjectfinancial adviceen_AU
dc.subjectexperimenten_AU
dc.titleConflicted financial advice: disclosure revisiteden_AU
dc.typeJournal articleen_AU
local.bibliographicCitation.issue12en_AU
local.bibliographicCitation.lastpage829en_AU
local.bibliographicCitation.startpage826en_AU
local.contributor.affiliationChen, Paul, College of Business and Economics, ANUen_AU
local.contributor.affiliationRichardson, Martin, College of Business and Economics, ANUen_AU
local.contributor.authoruidChen, Paul, u9312036en_AU
local.contributor.authoruidRichardson, Martin, u1598085en_AU
local.description.embargo2037-12-31
local.description.notesImported from ARIESen_AU
local.identifier.absfor140207 - Financial Economicsen_AU
local.identifier.absfor140206 - Experimental Economicsen_AU
local.identifier.absseo910205 - Industry Policyen_AU
local.identifier.absseo910209 - Preference, Behaviour and Welfareen_AU
local.identifier.ariespublicationu4485658xPUB2472en_AU
local.identifier.citationvolume25en_AU
local.identifier.doi10.1080/13504851.2017.1368984en_AU
local.identifier.scopusID2-s2.0-85028525979
local.identifier.thomsonID000430161800005
local.publisher.urlhttps://www.tandfonline.com/en_AU
local.type.statusPublished Versionen_AU

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