Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5086599 | Journal of Accounting and Economics | 2015 | 6 Pages |
Abstract
Taylor and Verrecchia (2015) show that idiosyncratic risk can be priced in efficient but imperfectly competitive equity markets. We discuss how the model is structured, how it might apply to the pricing of financial reporting quality, and how empiricists might test its predictions.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Matthew J. Bloomfield, Robert Bloomfield,