Does Earnings Quality Affect Information Asymmetry: Evidence from Trading Costs

• Main Authors: BHATTACHARYA, Nilabhra, Desai, Hemang, Venkataraman, Kumar
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Accounting; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1037; https://ink.library.smu.edu.sg/context/soa_research/article/2036/viewcontent/SSRN_id1105160.pdf
• Institution: Singapore Management University

The adverse consequences of poor earnings quality have been the subject of significant debate among academics, practitioners and regulators. However, the empirical evidence on pricing implications of earnings quality is sparse and controversial. We examine one potential consequence of poor earnings...