Hardy, Nicolas; Magner, Nicolas S.; Lavin, Jaime; … - In: Academia Revista Latinoamericana de Administración 31 (2018) 3, pp. 486-518
Purpose: The purpose of this paper is to provide evidence about the effects of the MILA agreement in terms of improving financial market efficiency. Design/methodology/approach: The authors measure efficiency by studying the stock reaction to earnings announcements using a conditional...