larger than an endogenous threshold. Greater computing power raises this threshold, and therefore price informativeness, by … speculators and (ii) it increases the average number of trials to find a predictor. In the former (latter) case, price … informativeness increases (decreases) with data abundance. We derive implications of these effects for the distribution of asset …

-measuring motive. The empirical design goes through the relationship between equity-based pay and stock price informativeness (SPI). We …

We study the effects of stock price informativeness (SPI) on the complexity of executive compensation. Using textual …

. Options listings in a sample of 25 other countries also lead to higher price informativeness …We find that single-name options trading increases the absolute level of information content of prices (stock price … informativeness). We confirm our results through instrumental variable approach to control for potential endogeneity. We further show …