Bailey, Warren; Karolyi, G. Andrew; Salva, Carolina - Charles A. Dice Center for Research in Financial … - 2004
The Economic Consequences of Increased Disclosure:
Evidence from International Cross-listings
Warren Bailey, G … acquisition for analysts and hence increase their supply.
2
Most of the empirical evidence on the economic consequences of … limited economic impact. In contrast, the disclosure levels mandated by securities
market regulators in many countries around …