Additional evidence on informational asymmetry at acquisition announcement

This dissertation examines the partial anticipation hypothesis by employing the bid-ask spread approach in market microstructure theory. Selecting the OTC bidding firms with a careful research design, this dissertation divides sample firms into firms with acquisition programs and firms without acqui...

Full description

Bibliographic Details
Main Author: Kim, Young Kook
Format: Others
Language:English
Published: University of North Texas 1991
Subjects:
Online Access:https://digital.library.unt.edu/ark:/67531/metadc332722/