Do Board Characteristics affect Information Asymmetry?
نویسندگان
چکیده
منابع مشابه
When Does Information Asymmetry Affect the Cost of Capital?
This paper examines when information asymmetry among investors affects the cost of capital in excess of standard risk factors. When equity markets are perfectly competitive, information asymmetry has no separate effect on the cost of capital. When markets are imperfect, information asymmetry can have a separate effect on firms’ cost of capital. Consistent with our prediction, we find that infor...
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Bail Information Schemes gather and provide information on a defendant’s community ties to the court. Past evaluations have concluded that schemes are effective because more defendants are granted bail. However, the evaluations include possible confounds and other limitations, thus threatening the validity of their findings. They are also incompatible with research showing that magistrates do n...
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ژورنال
عنوان ژورنال: International Journal of Academic Research in Business and Social Sciences
سال: 2013
ISSN: 2222-6990
DOI: 10.6007/ijarbss/v3-i12/483