Financial statement timeliness and bond‐price dispersion in the municipal market

Disclosure regulations in the municipal market have incurred an interesting policy debate. Many believe that the regulations are good but that they do not go far enough. Prior studies found that after the establishment of electronic municipal market access (EMMA), market efficiency has increased. Th...

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Veröffentlicht in:	Public budgeting & finance 2022-03, Vol.42 (1), p.66-97
1. Verfasser:	Abbas, Yulianti
Format:	Artikel
Sprache:	eng
Schlagworte:	2009-2016 Access to information Asymmetric information Asymmetrische Information Asymmetry Auskunftspflicht Disclosure disclosure timeliness Effizienzmarkthypothese electronic municipal market access EMMA Elektronisches Handelssystem Financial statements information asymmetry Investors Kommunalobligation Markets Municipal bonds municipal market price dispersion Prices USA Wertpapierhandel
Online-Zugang:	Volltext
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