Gangadharan, Vismaya; Padmakumari, Lakshmi - In: Cogent economics & finance 11 (2023) 1, pp. 1-22
synchronicity in the Indian market. The study employs the readability of annual reports as a measure for the cost of information … processing. The findings suggest that firms with more readable annual reports tend to display higher stock return synchronicity … synchronicity is particularly pronounced for companies with high institutional investment, high analyst coverage, and lower …