Can the bid–ask spread explain the trend in aggregate idiosyncratic variance?

Journal of Banking & Finance 2026

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Authors: David A. Lesmond, Xuhui Pan

DOI: 10.1016/j.jbankfin.2025.107622

Cited by: 0

References: 26

Fields of Study & Subjects

Financial Markets and Investment Strategies Auditing Earnings Management Governance Corporate Finance and Governance

References 26