Information asymmetry and capital structure: Evidence from regulation FD
This study uses Regulation Fair Disclosure (FD) as a plausibly exogenous shock to the information environment to identify the causal effect of information asymmetry on corporate financing behavior. Although Regulation FD prevents firms from selectively disclosing material information to market profe...
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Elsevier
2018
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| Online Access: | http://hdl.handle.net/1721.1/114877 https://orcid.org/0000-0002-7469-9753 |