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SEC Regulation Fair Disclosure, Information, and the Cost of Capital

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NBER2004-06-01 更新2025-01-04 收录
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We empirically investigate the effects of the adoption of Regulation Fair Disclosure ( Reg FD') by the U.S. Securities and Exchange Commission in October 2000. This rule was intended to stop the practice of selective disclosure,' in which companies give material information only to a few analysts

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2004-06-01
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