How does financial reporting quality relate to investment efficiency?
Prior evidence that higher-quality financial reporting improves capital investment efficiency leaves unaddressed whether it reduces over- or under-investment. This study provides evidence of both in documenting a conditional negative (positive) association between financial reporting quality and inv...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Elsevier,
2011-08-18T20:20:14Z.
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| Subjects: | |
| Online Access: | Get fulltext |