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In some circles, transparency has become a buzzword as organizations face increasing pressure from institutional shareholders and regulators, banks and other stakeholders needing to monitor financial conditions and managerial decisions more closely to protect their interests. The call for...
Persistent link: https://www.econbiz.de/10012049936
This study examines the effect of corporate ownership on information asymmetry as measured by bid-ask spread in the emerging markets of China. Government ownership has significant and positive impacts on bid-ask spread during the period 1995–2000, but disappears afterward during 2001–2003....
Persistent link: https://www.econbiz.de/10011823458
In this paper, we examine the effect of corporate ownership on information asymmetry measured by bid-ask spread in the emerging markets of China. We find that government ownership has significant and positive impacts on bid-ask spread during the period of 1995-2000 which disappears afterward...
Persistent link: https://www.econbiz.de/10013069618
Persistent link: https://www.econbiz.de/10010148103
This study examines the effect of corporate ownership on information asymmetry as measured by bid-ask spread in the emerging markets of China. Government ownership has significant and positive impacts on bid-ask spread during the period 1995-2000, but disappears afterward during 2001-2003. The...
Persistent link: https://www.econbiz.de/10011936981