نتایج جستجو برای: incentive and informativeness
تعداد نتایج: 16829173 فیلتر نتایج به سال:
Restricting insider trading enhances price informativeness by encouraging investors to acquire and trade on private information. Therefore, corporate investment should be more sensitive to stock prices and more efficient as stock prices provide more precise information to guide the investment decisions. Consistent with this hypothesis, we find that the investment-to-price sensitivity increases ...
August 2013 Elizabeth Demers Darden Graduate School of Business University of Virginia Charlottesville, VA 22903 [email protected] Clara Vega Board of Governors of the Federal Reserve System Washington, DC 20551 [email protected] Abstract Using automated textual analysis algorithms to quantify the content of more than 20,000 managerial press releases from 1998 to 2006, this study pre...
I apply the model of semantic universals in terms informativeness/complexity trade-off (Kemp, Xu, and Regier 2018) to Boolean connectives. The explains crosslinguistic absence connective NAND, once theoretical insights from Horn 1972 Katzir Singh 2013 are incorporated. lack NAND follows if languages optimize between (a) simplicity lexicon measured primitive symbols (b) informativeness accurate ...
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