haku: @author Atiase, R. K. / yhteensä: 3
viite: 2 / 3
| Tekijä: | Atiase, R. K. |
| Otsikko: | Market implications of predisclosure information : size and exchange effects. |
| Lehti: | Journal of Accounting Research
1987 : SPRING, VOL. 25:1, p. 168-176 |
| Asiasana: | SHARE PRICES RATE OF RETURN DISCLOSURE OF INFORMATION |
| Kieli: | eng |
| Tiivistelmä: | Differential market reactions to earnings announcements can be attributed to the different extent of surprises contained in the announcements: the greater the predisclosure information, the less the surprise element in earnings announcements. To approximate the measure of predisclosure information 1) firm size or 2) exchange listing is applied. Since the OTC firms are generally small, any study analyzing the price effects of information and includes OTC and exchange list firms, should apply suitable controls for both size and exchange listing. |
SCIMA