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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Main Authors: | Lau, Sie Ting, Shrestha, Keshab, Yu, Jing |
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Other Authors: | Nanyang Business School |
Format: | Article |
Language: | English |
Published: |
2018
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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 |
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