Chang, Jinho; Cho, Young Jun; Shin, Hyun-Han - In: Corporate Governance: An International Review 15 (2007) 6, pp. 1144-1167
Using analysts' forecast error and forecast dispersion of firms covered by the I/B/E/S database, this study examines the change in information asymmetry of Korean firms around the financial crisis of 1997. Results show that the information asymmetry of Korean firms is lower after the financial...