Ghafoor, Abdul; Zainudin, Rozaimah; Mahdzan, Nurul Shahnaz - In: Journal of Financial Crime 26 (2019) 1, pp. 95-112
Purpose: The purpose of this study is to examine changes in firms’ level of information asymmetry in emerging market of Malaysia for the period of 2000-2016. Specifically, the study focuses on changes in the quoted spread and quoted depth following the fraud announcement....