The Impact of the SEC's Segment Disclosure Requirement on Bid-Ask Spreads.
The Accounting ReviewPublished 1 January 1994
Marilyn Greenstein, Heibatollah Sami
Citations126
SJR quartileQ1
SJR score4.04
SNIP2.76
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Abstract
Abstract Examines the effects of disclosure regulation on the market microstructure using sample firms listed on the New York Stock Exchange (NYSE) as of fiscal year end 1970. Relationships among disclosure regulation, information asymmetries, and the bid-ask spread; SEC's segment reporting requirement.
Keywords
Economics, Econometrics and FinanceBusiness, Management and Accounting
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