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关注：1
2013-05-23 12:21
求翻译：Prior studies suggest that higher financial reporting quality can improve investment efficiency by reducing information asymmetries that give rise to frictions such as moral hazard and adverse selection. We extend this research by documenting the channels by which financial reporting quality relates to investment effi是什么意思？ 待解决
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Prior studies suggest that higher financial reporting quality can improve investment efficiency by reducing information asymmetries that give rise to frictions such as moral hazard and adverse selection. We extend this research by documenting the channels by which financial reporting quality relates to investment effi
问题补充： |
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2013-05-23 12:21:38
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2013-05-23 12:23:18
以前的研究表明 , 更高的财务报告的质量可以提高投资效率 , 减少信息的不对称 , 产生摩擦如道德风险和逆向选择。 我们把这一研究通过记录频道的财务报告的质量涉及到投资的效率。 具体地说 , 我们测试的假设 , 较高的财务报告的质量可以与低过度或投资不足的现象。
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2013-05-23 12:24:58
预先的研究建议那更高财政报告的质量可能经过减少提升摩擦例如投保人不可靠所冒风险和有害选择的信息非对称改进投资效率。 我们通过提供财政报告的质量与投资效率关连的渠道扩大这研究。 具体地，我们检验假设更高的财政报告的质量可以同低结束或投资不足联系在一起。
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2013-05-23 12:26:38
正在翻译，请等待...
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2013-05-23 12:28:18
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