Contributions to the analysis of corporate information: Robustness, sustainability and textual analysis. KU Leuven
Investors are in the business of acquiring information and using that information to manage a portfolio of assets. Information asymmetry, however, plays a central role in investors' information acquisition and occurs when one group of participants has better or more timely information than other groups. Typically, the source of the information asymmetry is the superior knowledge that managers have about the firm's prospects, while the investors ...