Studying the effect of information risk and transaction costs on stock market reaction to earnings news
Abstract: The role of information environment in price discovery of firms' stocks can be studied through information risk and transaction costs factors. Firms with higher information risk are those with less public information and more privately informed investors. This research focuses on stud...
Main Authors: | , |
---|---|
Format: | Article |
Language: | fas |
Published: |
University of Tehran
2016-08-01
|
Series: | بررسیهای حسابداری و حسابرسی |
Subjects: | |
Online Access: | https://acctgrev.ut.ac.ir/article_58468_37b57ef0f8d0042c34d26ea86c340690.pdf |