search query: @author Giesdal, F. / total: 1
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| Author: | Giesdal, F. |
| Title: | The case of VIP Scandinavia |
| Journal: | Scandinavian Journal of Management
1999 : JUN, VOL. 15:2, p. 141-156 |
| Index terms: | MANAGEMENT SCANDINAVIA FINANCIAL ACCOUNTING |
| Language: | eng |
| Abstract: | This article analyses the stock market's reaction to news about the Norwegian company VIP Scandinavia over a period of about a year and a half. The data show that the market relied to a great extent upon financial reporting as a source of valuation information. A tentative attempt is made to explain this finding in the light of earlier capital market research. VIP Scandinavia has been accused of publishing fraudulent financial statements. |
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