# Professor Joshua Ronen explains why some private companies don't disclose their revenue

1 Faculty News October 9, 2016 ![Crain's New York logo](/sites/default/files/styles/246w/public/assets/images/con_031171.jpg?itok=74z5O7mn)>

Excerpt from [Crain's New York](http://www.crainsnewyork.com/article/20161009/SMALLBIZ/161009900/crains-50-fastest-growing-companies-reveal-their-revenue) -- "The question of when to talk openly about performance is a complicated one for private companies. Those that disclose might seem more transparent than those that don't, but they also could be engaged in a subtle battle of wits, according to [Joshua Ronen](http://www.stern.nyu.edu/faculty/bio/joshua-ronen), a professor of accounting at NYU's Stern School of Business. 'If I provide my revenue and a competitor doesn't, I'm signaling that I'm better,' he said."

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