Voluntary disclosure, long-horizon investors and shareholder familiarity : an online investor relations perspective
Empirical evidence indicates that companies that reduce information asymmetry by increased voluntary disclosures achieve several benefits, such as lower cost of capital, improved pricing, and liquidity of their shares. Despite the possibility of such benefits, many studies report varying degrees...
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| Language: | en |
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2018
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| Online Access: | http://hdl.handle.net/10500/23727 |