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Using a large panel of U.S. public firms, we exploit the staggered deregulation of interstate bank branching laws to … findings are robust to several econometric specifications, including controlling for potential endogeneity and a variety of …
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The objective of this paper was to analyze the effect of competition over better information on the cost of equity capital of Brazilian firms that trade their shares at the BM&FBovespa. The theoretical framework used models to analyze the expectations equilibrium when the information is not...
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