About this document
Press Freedom and Stock Price Informativeness by Andrei Boti Futo is a document available to read on EtoBox.
This document discusses a study that examines the impact of press freedom on stock price informativeness using a sample of firms from 50 countries. The study finds that greater press freedom is associated with lower stock price synchronicity, suggesting press freedom enhances the ability of stock prices to incorporate firm-specific information. It argues that while transparency generated through firm self-reporting fills some information gaps, external transparency generated by a free press can further incr
- Author
- Andrei Boti Futo
- Language
- EN