Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103547
Authors: 
Hussinger, Katrin
Pacher, Sebastian
Year of Publication: 
2014
Series/Report no.: 
ZEW Discussion Papers 14-093
Abstract: 
A recent theoretical model by Epstein and Schneider (2008) predicts that a firm's assets will be undervalued by the market if the information surrounding these assets is ambiguous. The model further predicts that this effect is amplified if the underlying fundamentals are volatile. This paper provides an empirical test.
Document Type: 
Working Paper

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