Information asymmetry tests

In this paper, I investigate the determinants and consequences of disclosure committee adoption. I find that companies with material weaknesses in internal controls over financial reporting and less readable 10-K filings are more likely to adopt disclosure committees.

105p fugu897 03-07-2019 28 3   Download

FACTORING IN BRAZIL - AN INFORMATION ASYMMETRY APPROACH It is worth noting that the relative magnitude of μ j may be quite modest. Family background variables typically explain the vast majority of the differences in average student test scores across schools, potentially leaving relatively little room for efficiency (or school “value added”) effects.15 Nevertheless, most observers believe that public school efficiency is important, that it exerts a non-trivial role on the educational outcomes of students, and that it varies substantially across schools....

67p mualan_mualan 25-02-2013 61 8   Download