Remedies to Informational Asymmetries in Stock Markets

by Peter-jan Engelen

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?

218 pages, Paperback

First published September 1, 2005