Remedies to Informational Asymmetries in Stock Markets by Peter-Jan Engelen
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Remedies to Informational Asymmetries in Stock Markets

Remedies to Informational Asymmetries in Stock Markets


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About the Book

Like many other markets, stock markets are characterised by asymmetric information. If investors cannot distinguish high-quality from low-quality securities, they will value all securities as average resulting in the well known market for lemons. How can high-quality listed companies communicate with stock markets to distinguish themselves from low-quality listed companies?
About the Author: Peter-Jan Engelen is Associate Professor of Finance at Utrecht University, the Netherlands, where he coordinates the "Business Strategy & Governance" Research Cluster. Before he was Program Director of the Joint Bachelor Degree in Economics and Business with LUISS (Italy) and Program Director of the Master Program International Economics and Business at Utrecht University. His expertise focuses on Innovation Finance and on Institutions-based Corporate Finance. In these two areas he conducts research, publishes, consults and gives lectures and trainings. His work in Innovation Finance focuses on entrepreneurial financing decisions (Going public process, IPOs, crowdfunding, and venture capital) as well as on investment decisions under uncertainty. He applies real option models to analyze business decisions in highly complex and innovative industries: pharmaceutical R&D, business model innovations in ICT, infrastructure projects, renewable energy (hydrogen, CCS) and sustainable resources (recycling). His second area of expertise analyzes the impact of institutions on corporate financing decisions of companies and on the functioning of financial markets. He focuses on formal institutions such as country-level regulations (investor protection, disclosure regulation, securities regulation), semi-formal institutions such as firm-level corporate governance configurations, board composition and board diversity as well as informal institutions such as trust, reputation, CSR and business ethics. His work has been published in Journal of Banking and Finance, Research Policy, Technovation, Corporate Governance An International Review, Journal of Business Finance and Accounting, and Journal of Business Ethics, among others.


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Product Details
  • ISBN-13: 9789050954846
  • Publisher: Intersentia
  • Publisher Imprint: Intersentia
  • Height: 235 mm
  • No of Pages: 218
  • Series Title: English
  • Weight: 750 gr
  • ISBN-10: 9050954847
  • Publisher Date: 20 Sep 2005
  • Binding: Paperback
  • Language: English
  • Returnable: Y
  • Spine Width: 0 mm
  • Width: 159 mm


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