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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Bibliographic Details
Main Authors: Atkins, Brian K., NG, Jeffrey, Verdi, Rodrigo
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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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
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