Investor competition over information and the pricing of information asymmetry
Whether the information environment affects the cost of capital is a fundamental question in accounting and finance research. Relying on theories about competition between informed investors as well as the pricing of information asymmetry, we hypothesize a cross-sectional variation in the pricing of...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/876 https://ink.library.smu.edu.sg/context/soa_research/article/1875/viewcontent/SSRN_id1858906.pdf |
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| Institution: | Singapore Management University |
| Language: | English |