Books opinion and you can hypotheses advancement

There's been an evident boost in brand new literature to your characteristics of your matchmaking between corporate disclosure and you can suggestions asymmetry. Healy and you may Palepu (2001) say that visibility for the economic reporting decreases information asymmetry anywhere between corporate professionals and financing services. Diamond and you may Verrecchia (1991) reveal that corporate disclosure can be down a great company's cost of funding by removing guidance asymmetry throughout the ties business and also by boosting the newest company's coming liquidity. המשך…