Home away from home: Geography of information and local investors
We develop a 10K-based measure of spatial variation in the availability of value-relevant information that reflects the multi-dimensional nature of firm location. Spatially distributed information generates location-based information asymmetries that affect institutional portfolio decisions and perf...
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格式: | text |
語言: | English |
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Institutional Knowledge at Singapore Management University
2015
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在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/3777 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4776/viewcontent/Homeaway_av.pdf |
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