Nguyen, Duong; Puri, Tribhuvan - In: Review of Quantitative Finance and Accounting 43 (2014) 2, pp. 211-244
We examine the impact of accounting restatement announcement on firms’ value and information asymmetry for both auction market (NYSE-AMEX) and dealer market (NASDAQ) using a public sample of restatement announcements from 1997 to 2005. In both markets, we document economically and...
