| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5088830 | Journal of Banking & Finance | 2014 | 42 Pages |
Abstract
This paper examines the impact of press freedom on stock price informativeness in a sample of firms from 50 countries. We find a significant relation between more press freedom and lower stock price synchronicity. Our results suggest that the freedom of the press can enhance the information environment of stock markets.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jeong-Bon Kim, Hao Zhang, Liuchuang Li, Gaoliang Tian,