Huang, H. C.; Tung, P. S. - In: Applied Economics 45 (2013) 25, pp. 3617-3624
This article examines the impact of Regulation Fair Disclosure (Reg FD), which intends to eliminate selective disclosure to only a few privileged interested parties, on the information embedded in the stock-and-option markets prior to tender offer announcements. In the pre-announcement period...