Mbarek, Lassaâd; Hmaied, Dorra Mezzez - In: Journal of Financial Regulation and Compliance 20 (2012) July, pp. 278-292
Purpose – The purpose of this paper is to investigate the informational opacity of Tunisian banks versus non-banking firms taking into account information environment changes. Design/methodology/approach – This research uses the synchronicity of stock returns as a proxy of informational...