Information Ambiguity and Firm Value

A recent theoretical model by Epstein and Schneider (2008) predicts that a firm's assets will be undervalued by the market if the information surrounding these assets is ambiguous. The model further predicts that this effect is amplified if the underlying fundamentals are volatile. This paper provides an empirical test

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Year of publication:	2015
Authors:	Hussinger, Katrin
Other Persons:	Pacher, Sebastian (contributor)
Publisher:	[2015]: [S.l.] : SSRN
Subject:	Unternehmenswert \| Firm value \| Theorie \| Theory \| Informationswert \| Information value \| Entscheidung unter Unsicherheit \| Decision under uncertainty
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Applied Economics Letters, 22(10): 843-847, 2015 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 29, 2014 erstellt Volltext nicht verfügbar
Classification:	G10 - General Financial Markets. General ; G14 - Information and Market Efficiency; Event Studies ; D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013032041