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Journal Article Nondisclosure and Adverse Disclosure as Signals of Firm Value Get access Siew Hong Teoh, Siew Hong Teoh Anderson Graduate School of Management, University of California at Los Angeles, 405 Hilgard Avenue, Los Angeles, CA 90024, USA Search for other works by this author on: Oxford Academic Google Scholar Chuan Yang Hwang Chuan Yang Hwang University of Pittsburgh, Pittsburgh, USA and Ohio State University, Ohio, USA Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 4, Issue 2, April 1991, Pages 283–313, https://doi.org/10.1093/rfs/4.2.283 Published: 05 May 2015
Teoh et al. (Mon,) studied this question.