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