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Jaejin Lee

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Does More Public Information Always Improve Price Efficiency? Evidence from the EDGAR Adoption

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Does More Public Information Always Improve Price Efficiency? Evidence from the Edgar Adoption

Number of pages: 33 Posted: 12 May 2025
Daewoung Choi, Yong Kyu Gam, Yong Hyuck Kim, Jaejin Lee and Hojong Shin
University of Washington, Bothell, affiliation not provided to SSRN, California State University Long Beach, Department of Finance, affiliation not provided to SSRN and California State University, Long Beach
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Abstract:

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Public information disclosure, Price efficiency, Liquidity, noise, EDGAR, return variance decomposition