Keywords: Informational asymmetry
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Journal Articles
Journal of Indian Business Research (2017) 9 (2): 82–106.
Published: 19 June 2017
... of diversified firms have less need for accruals management because diversified firms had more free cash flows which naturally reduces earnings variability. This study also found that diversified firms had no informational asymmetry problems which reject the asymmetric information hypothesis. In addition, debt...

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