Real Earnings Management and Information Asymmetry in the Equity Market
نویسندگان
چکیده
منابع مشابه
Direct and Mediated Associations among Earnings Quality, Information Asymmetry, and the Cost of Equity
Using path analysis, we investigate the direct and indirect links between three measures of earnings quality and the cost of equity. Our investigation is motivated by analytical models that specify both a direct link and an indirect link that is mediated by information asymmetry, but do not suggest which link would be more important empirically. We measure information asymmetry as both the adve...
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ژورنال
عنوان ژورنال: European Accounting Review
سال: 2016
ISSN: 0963-8180,1468-4497
DOI: 10.1080/09638180.2016.1261720