Transparency Regulation and Stock Price Informativeness: Evidence from the European Union's Transparency Directive
Author(s) -
Olena V. Watanabe,
Michael Imhof,
Semih Tartaroglu
Publication year - 2019
Publication title -
journal of international accounting research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.399
H-Index - 22
eISSN - 1558-8025
pISSN - 1542-6297
DOI - 10.2308/jiar-52383
Subject(s) - synchronicity , transparency (behavior) , directive , stock (firearms) , business , european union , stock price , accounting , proxy (statistics) , monetary economics , economics , international trade , political science , law , mechanical engineering , paleontology , philosophy , epistemology , machine learning , series (stratigraphy) , computer science , biology , programming language , engineering
We examine changes in stock price informativeness following the European Union's Transparency Directive (TPD). The TPD, implemented by country between 2007 and 2009, enhanced corporate tra...
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