Jiang, Guoliang FrankRagozzino, Roberto2025-05-072025-05-072025-04-210938-8249PURE: 115693292PURE UUID: 9d0e7051-288d-4f52-855f-ba451a7c5820WOS: 001471137600001Scopus: 105003687853http://hdl.handle.net/10362/182829Funding information: Open access funding provided by FCT|FCCN (b-on).We examine firms' international alliances and acquisitions and their implications for firms' corporate communications in earnings calls. Building upon and extending existing research, we argue that international alliances and acquisitions directly augment the information asymmetry problem between firms and capital markets. By delving into how executives and analysts interact to address asymmetries in information during earnings calls, we bring new attention to financial markets as an important factor market in research on internationalization. Findings from detailed information on executives' information disclosures as well as analysts' questions provide evidence on how international corporate activity affects the way in which firms engage with capital markets and the investing public.1089101engAdverse selectionAlliancesAnalystsCorporate communicationEarnings callsExecutivesInformation asymmetryInternational acquisitionsNewly-public firmsjournal article10.1007/s11575-025-00574-8https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=nova_api&SrcAuth=WosAPI&KeyUT=WOS:001471137600001&DestLinkType=FullRecord&DestApp=WOS_CPLhttps://www.scopus.com/pages/publications/105003687853