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Investor relations represents a firm's commitment to communicate effectively with the external community which includes investors and analysts and both mandatory and voluntary information release is expected to reduce information asymmetry. We investigate the effects of disclosure quality on...
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Investor relations (IR) are costly activities, and a widely held view is that companies undertake them to increase share price over time. However, Hong and Huang (2005) assert that companies undertake IR for the personal benefit of company insiders with large ownership stakes. We test Hong and...
Persistent link: https://www.econbiz.de/10013113147
We investigate the content, timing and relevance of firms' narrative disclosure about effects of IFRS adoption in annual statutory financial statements and firm announcements to the stock exchange for 150 large listed Australian firms in the three year period surrounding adoption (which occurred...
Persistent link: https://www.econbiz.de/10013114564
Investor relations are costly activities undertaken by firms to align the expectations of the shareholders with that of the company. These activities involve interactions with investors and analysts as well as voluntary information disclosures intended to reduce information asymmetry while...
Persistent link: https://www.econbiz.de/10012731836
The insider trading policy is an aspect of a firm's internal governance which ensures corporate transparency is maintained and promotes investor confidence. We examine the effect of trading policies on the returns to trades conducted by corporate insiders in a period where the adoption of a...
Persistent link: https://www.econbiz.de/10013005356
We investigate the content, timing and relevance of firms' narrative disclosure about the effects of IFRS adoption in annual statutory financial statements and firm announcements to the stock exchange for 150 large listed Australian firms in the three-year period surrounding adoption (which...
Persistent link: https://www.econbiz.de/10013052208
Disclosure via a successful investor relations (IR) policy enables firms to enhance market exposure, increase analyst coverage and attract institutional investors. We examine the link between IR and information asymmetry where a web-based survey was used to rate a firm's practices. Our results...
Persistent link: https://www.econbiz.de/10012711588