Economic Effects of Transparency in International Equity Markets: A Review and Suggestions for Future Research
Foundations and Trends in Accounting, Vol. 5, No. 3, pp. 175-241, 2010
78 Pages Posted: 30 Sep 2010 Last revised: 9 Aug 2016
Date Written: March 31, 2010
In this paper we discuss the existing accounting literature on the real effects of financial reporting transparency in international equity markets, present aspects of an international setting that make it a fruitful environment for investigating these effects and suggest directions for future research.
Keywords: transparency, liquidity, valuation, cost of capital
JEL Classification: G15, G32, K22, M41
Suggested Citation: Suggested Citation