Reverse LBO Underpricing: Information Asymmetry Or Price Support?

Contracting for Product Support under Information Asymmetry

Information Asymmetry, Price Momentum, and the Disposition Effect

Economists have long been puzzled by the tendency of investors to sell winning investments too soon and hold losing investments too long. Several behavioral explanations for this phenomenon, known as the disposition effect, have been advanced. This paper demonstrates that disposition effects are not intrinsically at odds with rational behavior. Specifically, we show (i) that disposition effects...

Requirements for Information System Reverse Engineering Support

This paper proposes a general architecture for Information systems (or data-centered applications) reverse engineering CASE environments. Recovering the specifications of such applications requires recovering first those of their data, i.e. database reverse engineering (DBRE). First, the paper describes a generic DMS-independent DBRE methodology, then it analyses the main characteristics of DBR...

The Effect of Information Asymmetry on the Relationship between Firm Geographical Location and Future Stock Price Crash Risk

The aim of research is to investigate the effect of information asymmetry on the relationship between geographical location of firm and risk of stock price crash in the Iranian listed companies in Tehran stock exchange. For this Purpose, data of 110 listed companies was gathered and analyzed periodically in 2016. Distance Cosine index was used for geographical location, as the independent varia...

Efficiency and Information Asymmetry in the Iranian Banking System

The soundness and efficiency of banks is one of the important subjects that neglecting it can have adverse consequences for every country's economy. For economies depending on the money market, such as the Iran economy, this subject is more critical. Therefore, in this study, using panel data related to 16 Iranian banks for the annual period of 2010-2017, the economic efficiency was determined ...