The Accounting Review Vol. 69 No. 1 1994
The Impact of the SEC's Segment Disclosure Requirement on Bid-Ask Spreads.
Abstract
Examines the effects of disclosure regulation on the market microstructure using sample firms listed on the New York Stock Exchange (NYSE) as of fiscal year end 1970. Relationships among disclosure regulation, information asymmetries, and the bid-ask spread; SEC's segment reporting requirement.
- DOI
- 10.2308/tar-9410256366
- Volume
- 69
- Issue
- 1
- Pages
- 179-199
- Language
- en
- Sources
- openalex crossref