Information asymmetry around operational risk announcements
Operational risk incidences are likely to increase the degree of information asymmetry between firms and investors. We analyze operational risk disclosures by US financial firms during 1995–2009 and their impact on different measures of information asymmetry in the firms’ equity markets. Effective s...
| Main Authors: | , , |
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| Format: | Article |
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Elsevier
2014
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/47016/ |