Pan, Lee-Hsien; Lin, Chien-Ting; Lee, Shih-Cheng; Ho, … - In: Journal of Corporate Finance 31 (2015) C, pp. 17-32
We examine the impact of information asymmetry on a firm's capital structure decisions with a unique information rating scheme that draws from 114 measures over five dimensions of information disclosures on each firm from 2006 to 2012. We find that a firm with high (low) information rating is...