Adverse selection component and corporate governance.
Chew, Chee Keong.
Ling, Thiam Soon.
Shue, Zhi Hwa.
Date of Issue2004
College of Business (Nanyang Business School)
This paper examines the impact of corporate governance on the bid-ask spread components of stocks, namely the adverse selection component. Corporate governance can be evaluated using seven criteria: discipline, transparency, independence, accountability, responsibilities, fairness and social awareness. Our results show that corporate governance has an inverse relationship with the adverse selection component.
DRNTU::Business::Information technology::Corporate governance
Final Year Project (FYP)
Nanyang Technological University