Verificação da Existência de Assimetria de Informação no Processo de Emissão de Ações no Mercado Brasileiro / Verification of the Presence of Asymmetry in the Stocks Issuance Process in the Brazilian Market

AUTOR(ES)
DATA DE PUBLICAÇÃO

24/11/2005

RESUMO

This paper seek to build a revision on asymmetric information in Brazilian stock market. The analysis will be conducted in the context of an equilibrium model of the issue-invest decision developed by Myers e Majluf. This study will seek to discuss new asymmetric information measures using statistic models that afterwards will permit to consider models ARCH e GARCH which consider data series heterocedasticity. Therefore, we will try to amplify the concept of correct measure suggested by Nathalie Dierkens.

ASSUNTO(S)

assimetria de informação volatilidade de ativos retorno anormal lançamento de ações

ACESSO AO ARTIGO

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