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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Chen, Rei-Ning
Weitere Verfasser: Sloan School of Management
Format: Artikel
Veröffentlicht: Elsevier 2018
Online Zugang:http://hdl.handle.net/1721.1/114877
https://orcid.org/0000-0002-7469-9753