Managerial ownership and firms' information environment

• Main Authors: HAN, Soongsoo, KANG, Tony, LOBO, Gerald
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Managerial ownership; Information environment; Interest alignment; Business Law, Public Responsibility, and Ethics; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1746; https://ink.library.smu.edu.sg/context/soa_research/article/2773/viewcontent/Managerial_Ownership_and_Firms__Information_Environment.pdf
• Institution: Singapore Management University

We examine the relation between managerial stock ownership and the firm’s information environment. We focus on three dimensions of the information environment: total, public, and private information precision (Barron, Kim, Lim and Stevens 1998). Our results suggest that firms’ total and public infor...