The Relationship between Information Asymmetry and Stock Return in the Presence of Accounting Conservatism

Autor:	Mohammed M. Yassin, Haitham Yousef Ali, Madher Ebrahim Hamdallah
Rok vydání:	2015
Předmět:	Accounting conservatism Information asymmetry Stock exchange business.industry Economics Accounting Monetary economics Restricted stock Stock return business Private information retrieval
Zdroj:	International Journal of Business and Management. 10
ISSN:	1833-8119 1833-3850
DOI:	10.5539/ijbm.v10n5p126
Popis:	This study aimed to test the effect of information asymmetry on the stock return in the presence of accounting conservatism in industrial companies listed in Amman Stock Exchange (ASE) in the period from 2006 to 2012. The study found that investors who have private information can benefit from that through achieving outstanding returns, which means that information asymmetry affects the stock return positively, but when taking into consideration the conservative accounting policies practiced by management, this effect was faded.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::1c6911ef79809900d66ddc8be4aa3495 https://doi.org/10.5539/ijbm.v10n5p126 Zobrazit plný text záznamu