Empirical study on stock market reaction to earning announcements in Singapore.

• Main Authors: Hsu, Seow Chia., Leau, Yock Piew., Quek, Maggie.
• Other Authors: Kwok, Branson Chi Hing
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Stock exchanges
• Online Access: http://hdl.handle.net/10356/11317
• Institution: Nanyang Technological University

Using the event study methodology, this research study examines whether the Singapore stock market reacts to earning announcements, and analyses the nature of the reaction, particularly whether there is any overreaction. It further examines whether the reactions to the “good news” and “bad news” gro...