Corporate Governance, Idiosyncratic Risk
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MIGUEL A. FERREIRA; PAUL A. LAUX
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Article
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2007
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John Wiley and Sons
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English
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## ABSTRACT We study the relationship of corporate governance policy and idiosyncratic risk. Firms with fewer antitakeover provisions display higher levels of idiosyncratic risk, trading activity, private information flow, and information about future earnings in stock prices. Trading interest by i