Corporate governance and the information content of earnings announcements : a cross-country analysis

Using firm‐level data from 23 developed markets, we document a positive association between overall firm‐level governance quality and the informativeness of earnings announcements measured by abnormal stock return variance. This finding is robust after controlling for the potential endogeneity of fi...

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Bibliographic Details
Main Authors: Lau, Sie Ting, Shrestha, Keshab, Yu, Jing
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2018
Subjects:
Online Access:https://hdl.handle.net/10356/87986
http://hdl.handle.net/10220/46881
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Institution: Nanyang Technological University
Language: English