Assertion: selective disclosure | /r/HasAspect | adverse impact
Facets:
value: on market integrity
type: TRANSITIVE-OBJECT
value: likewise
type: OTHER
Source sentences:
text: Likewise, selective disclosure has an adverse impact on market integrity that is similar to the adverse impact from illegal insider trading: investors lose confidence in the fairness of the markets when they know that other participants may exploit "unerodable informational advantages" derived not from hard work or insights, but from their access to corporate insiders.6