Article ID Journal Published Year Pages File Type
5107317 Research in International Business and Finance 2017 22 Pages PDF
Abstract
This study argues that the foreign direct investment firms mislead stakeholders and are associated with greater information asymmetry due to the raised agency problem. Results show that both earnings management and idiosyncratic volatility increase with foreign investment. Managerial ownership mitigates such inefficiency.
Keywords
Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
Preview
Accounting quality and information asymmetry of foreign direct investment firms
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