Matches in SemOpenAlex for { <https://semopenalex.org/work/W1930256002> ?p ?o ?g. }
Showing items 1 to 93 of
93
with 100 items per page.
- W1930256002 endingPage "1158" @default.
- W1930256002 startingPage "1133" @default.
- W1930256002 abstract "Faceless trading in a secondary stock market not only redistributes wealth among investors but also generates information that feeds back to real decisions. Using this observation we re-evaluate the �leveling-the-playing-field� rationale for disclosure to secondary stock markets. By partially preempting traders' information advantage established from information acquisition, disclosure reduces private incentives to acquire information, resulting in two opposite effects on firm value. On one hand, this narrows the information gap between informed and uninformed traders and improves liquidity of firm shares. On the other hand, this reduces the informational feedback from the stock market to real decisions. This tradeoff determines the optimal disclosure policy. The model explains why firm value can be higher in an environment that simultaneously promotes disclosure and private information production and why growth firms are endogenously more opaque than value firms." @default.
- W1930256002 created "2016-06-24" @default.
- W1930256002 creator A5006034181 @default.
- W1930256002 creator A5082379330 @default.
- W1930256002 date "2013-09-03" @default.
- W1930256002 modified "2023-10-13" @default.
- W1930256002 title "Informational Feedback, Adverse Selection, and Optimal Disclosure Policy" @default.
- W1930256002 cites W1975016484 @default.
- W1930256002 cites W1993072298 @default.
- W1930256002 cites W1996937917 @default.
- W1930256002 cites W2024623582 @default.
- W1930256002 cites W2028223001 @default.
- W1930256002 cites W2034997347 @default.
- W1930256002 cites W2042421638 @default.
- W1930256002 cites W2046378431 @default.
- W1930256002 cites W2055970811 @default.
- W1930256002 cites W2066057057 @default.
- W1930256002 cites W2066368280 @default.
- W1930256002 cites W2074167316 @default.
- W1930256002 cites W2085538322 @default.
- W1930256002 cites W2102281187 @default.
- W1930256002 cites W2118043941 @default.
- W1930256002 cites W2118286204 @default.
- W1930256002 cites W2146756020 @default.
- W1930256002 cites W2154187126 @default.
- W1930256002 cites W2155809871 @default.
- W1930256002 cites W2156594523 @default.
- W1930256002 cites W2473682693 @default.
- W1930256002 cites W2796077921 @default.
- W1930256002 cites W3021915290 @default.
- W1930256002 cites W3121204208 @default.
- W1930256002 cites W3122551571 @default.
- W1930256002 cites W3122693985 @default.
- W1930256002 cites W3122865822 @default.
- W1930256002 cites W3123195967 @default.
- W1930256002 cites W3125512896 @default.
- W1930256002 cites W3125720594 @default.
- W1930256002 cites W3126053364 @default.
- W1930256002 cites W4245045968 @default.
- W1930256002 cites W4251310028 @default.
- W1930256002 cites W4256232447 @default.
- W1930256002 doi "https://doi.org/10.1111/1475-679x.12019" @default.
- W1930256002 hasPublicationYear "2013" @default.
- W1930256002 type Work @default.
- W1930256002 sameAs 1930256002 @default.
- W1930256002 citedByCount "138" @default.
- W1930256002 countsByYear W19302560022013 @default.
- W1930256002 countsByYear W19302560022014 @default.
- W1930256002 countsByYear W19302560022015 @default.
- W1930256002 countsByYear W19302560022016 @default.
- W1930256002 countsByYear W19302560022017 @default.
- W1930256002 countsByYear W19302560022018 @default.
- W1930256002 countsByYear W19302560022019 @default.
- W1930256002 countsByYear W19302560022020 @default.
- W1930256002 countsByYear W19302560022021 @default.
- W1930256002 countsByYear W19302560022022 @default.
- W1930256002 countsByYear W19302560022023 @default.
- W1930256002 crossrefType "journal-article" @default.
- W1930256002 hasAuthorship W1930256002A5006034181 @default.
- W1930256002 hasAuthorship W1930256002A5082379330 @default.
- W1930256002 hasConcept C144133560 @default.
- W1930256002 hasConcept C154945302 @default.
- W1930256002 hasConcept C162118730 @default.
- W1930256002 hasConcept C32252159 @default.
- W1930256002 hasConcept C41008148 @default.
- W1930256002 hasConcept C81917197 @default.
- W1930256002 hasConceptScore W1930256002C144133560 @default.
- W1930256002 hasConceptScore W1930256002C154945302 @default.
- W1930256002 hasConceptScore W1930256002C162118730 @default.
- W1930256002 hasConceptScore W1930256002C32252159 @default.
- W1930256002 hasConceptScore W1930256002C41008148 @default.
- W1930256002 hasConceptScore W1930256002C81917197 @default.
- W1930256002 hasIssue "5" @default.
- W1930256002 hasLocation W19302560021 @default.
- W1930256002 hasOpenAccess W1930256002 @default.
- W1930256002 hasPrimaryLocation W19302560021 @default.
- W1930256002 hasRelatedWork W1485063768 @default.
- W1930256002 hasRelatedWork W1990422213 @default.
- W1930256002 hasRelatedWork W2115461783 @default.
- W1930256002 hasRelatedWork W2118336583 @default.
- W1930256002 hasRelatedWork W2254678101 @default.
- W1930256002 hasRelatedWork W2502069755 @default.
- W1930256002 hasRelatedWork W2970622411 @default.
- W1930256002 hasRelatedWork W3091575448 @default.
- W1930256002 hasRelatedWork W3121646547 @default.
- W1930256002 hasRelatedWork W2751504412 @default.
- W1930256002 hasVolume "51" @default.
- W1930256002 isParatext "false" @default.
- W1930256002 isRetracted "false" @default.
- W1930256002 magId "1930256002" @default.
- W1930256002 workType "article" @default.