Dunne, Peter; Falk, Haim; Forker, John; Powell, Ronan - In: Applied Financial Economics 18 (2008) 13, pp. 1051-1066
Relying on the market to provide incentives that would bring about optimal information quality is potentially a cost effective alternative to regulatory oversight. However, this depends on the ability of the market to recognize and price this attribute. In this article, we gain insights into the...