| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5086789 | Journal of Accounting and Economics | 2012 | 20 Pages |
Abstract
⺠Opaque firms experience more privately informed trading by institutional investors. ⺠Relation is stronger when country-level reporting infrastructure is also opaque. ⺠Association varies predictably with institutional investors' incentives. ⺠A difference-in-differences analysis indicates the relation is economically significant.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Mark Maffett,