- Search
Search
- LoginAccess your ApplicationFor current applicantsOr learn more about our programmes and applyAccess MyINSEADFor current participants and alumni
Related Faculty

Joel Peress
Professor of Finance
Keywords
Corporate Governance; Auditing, Risk Control and Performance
Journal Article
Peress J. (2010). The Tradeoff Between Risk Sharing and Information Production in Financial Markets Journal of Economic Theory, 145(1), pp. 124-155.
The author shows that the production of information in financial markets is limited by the extent of risk sharing. The wider a stock's investor base, the smaller the risk borne by each shareholder and the less valuable information.