The Impact of the SEC's Segment Disclosure Requirement on Bid-Ask Spreads.
以1970财年末在纽约证券交易所上市的公司为样本，研究SEC的分部报告要求如何影响信息不对称和买卖价差，对理解披露监管的市场效应有参考价值。
Abstract Examines the effects of disclosure regulation on the market microstructure using sample firms listed on the New York Stock Exchange (NYSE) as of fiscal year end 1970. Relationships among disclosure regulation, information asymmetries, and the bid-ask spread; SEC's segment reporting requirement.