The Impact of Regulation Fair Disclosure: Trading Costs and Information Asymmetry

By Venkat R. Eleswarapu, Rex Thompson, K. Venkataraman. Journal of Financial and Quantitative Analysis, 2004

291 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/fb70232314ca4d58ffecefcb947cb1716e02b8d5

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Finance

Citations in the corpus

The Financial Analyst Forecasting Literature: A Taxonomy with Suggestions for Further Research (2008, unknown): “The effectiveness of Regulation FD. Journal of Accounting and Economics, 37, 293−314.”
Information Leakage and Market Efficiency (2005, background): “Eleswarapu, Thompson, and Venkataraman (2002) empirically documents that Regulation FD lowers trading costs overall.”
Information asymmetry, information dissemination and the effect of regulation FD on the cost of capital (2008, unknown): “…argue that firms increased disclosures after Regulation FD. Bushee, Matsumoto, and Miller (2004), Gintschel and Markov (2004), Topaloglu (2003), Eleswarapu, Thompson, and Venkataraman (2004), and Chiyachantana, Jiang, Taechapiroontong, and Wood (2004) show that effective bid-ask spreads…”
Have Financial Markets Become More Informative (2016, unknown): “4Bushee, Matsumoto, and Miller (2004), Gintschel and Markov (2004), and Eleswarapu, Thompson, and Venkataraman (2004), find a decrease in bid-ask spreads after Reg.”
Professional Investor Relations within the Firm (2014, background): “…FD had a direct impact on areas related to key strategic goals of IR: disclosure, analyst following, institutional investor ownership, liquidity, and market valuation (Heflin et al. 2003; Bushee et al. 2004; Gintschel and Markov 2004; Eleswarapu et al. 2004; Mohanram and Sunder 2006; Wang 2007).”
The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2015, background): “For instance, Eleswarapu et al. (2004) and Chiyachantana et al. (2004) document that bid- ask spreads of NYSE firms decrease after Reg FD, consistent with a decline in information asymmetries without a countervailing reduction in the overall amount of information.”
How Has Regulation FD Affected the Operations of Financial Analysts (2006, background): “The consensus from these studies is that Reg FD has leveled the information playing field among different classes of investors by providing equal access to information from disclosing firms (see Brown, Hillegiest, and Lo 2004; Eleswarapu, Thompson, and Venkataraman 2004; and Sunder 2003).”
The Economics of Conflicts of Interest in Financial Institutions (2006, unknown): “However, not all the evidence is negative, as some authors show that information asymmetries around earnings announcements appear to have decreased after Reg FD ( Eleswarapu, Thompson, and Venkataraman, 2004 ) and that analysts invest more in the production of idiosyncratic information (Mohanram and”