The Effect of Information Disclosure on Information Asymmetry

• Main Authors: CHIYACHANTANA, Chiraphol New, Nuengwang, Neeranuch, Taechapiroontong, Nareerat, Thanarung, Pakpoom
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2013
• 主題: information disclosure; firm characteristics; disclosure policy; Finance and Financial Management; Portfolio and Security Analysis
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/4605; https://ink.library.smu.edu.sg/context/lkcsb_research/article/5604/viewcontent/imfi_en_2013_01cont_Chiyachantana.pdf

This study investigates the relation among information disclosure, firm characteristics and information asymmetry. The authors find evidence consistent with the notion that increasing corporate disclosure and transparency reduces the asymmetric information between informed and uninformed investors....