Bailey, Warren (contributor); Karolyi, G. Andrew (contributor) - 2004 - [Elektronische Ressource]
, trading volume, volatility
* Corresponding author: Warren Bailey, Cornell, Johnson Graduate School of Management, Cornell … the management of the firm and its shareholders or among buyers and sellers of the firm’s
shares diminishes. There are …), Lang and Lundholm (1996), Healy, Hutton, and Palepu (1999).
The ability to signal management or firm quality (Admati and …