Probabilidade De Ocorrencia De Informacao Privada
Mostrando 1-1 de 1 artigos, teses e dissertações.
-
1. O poder das firmas sobre o custo de capital / Firms Power over Cost of Equity
In this study, I use of the probability of an information event occurring in a trading day (ALPHA) as one determinant of the degree of information asymmetry. In a setting with two types of investors, informed and uninformed, the comparative advantage of being informed depends on the probability of occurrence of private signal. I find an inverse relation betw
Publicado em: 2006