CEO interview on CNBC and post earnings announcement drift.
This paper investigates whether media attention specifically in the form of CEO interviews affects abnormal returns and hence post earnings announcement drift (PEAD). We look at 222 samples of CEO interview and no CEO interview group. We observe a significant positive average cumulative abnormal ret...
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2011
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sg-ntu-dr.10356-439112023-05-19T06:24:06Z CEO interview on CNBC and post earnings announcement drift. Kew, Peipei. Kwek, Cherie Zhi Yan. Ong, June Xin Yu. Nanyang Business School Kim Young Han DRNTU::Business::Management::Communication This paper investigates whether media attention specifically in the form of CEO interviews affects abnormal returns and hence post earnings announcement drift (PEAD). We look at 222 samples of CEO interview and no CEO interview group. We observe a significant positive average cumulative abnormal return of 106 bps in the window of [-2, -1] relative to earnings announcement day when positive earnings surprise occurs for samples with CEO interviews. BUSINESS 2011-05-12T08:30:37Z 2011-05-12T08:30:37Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/43911 en Nanyang Technological University 57 p. application/pdf |
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DRNTU::Business::Management::Communication Kew, Peipei. Kwek, Cherie Zhi Yan. Ong, June Xin Yu. CEO interview on CNBC and post earnings announcement drift. |
| description |
This paper investigates whether media attention specifically in the form of CEO interviews affects abnormal returns and hence post earnings announcement drift (PEAD). We look at 222 samples of CEO interview and no CEO interview group. We observe a significant positive average cumulative abnormal return of 106 bps in the window of [-2, -1] relative to earnings announcement day when positive earnings surprise occurs for samples with CEO interviews. |
| author2 |
Nanyang Business School |
| author_facet |
Nanyang Business School Kew, Peipei. Kwek, Cherie Zhi Yan. Ong, June Xin Yu. |
| format |
Final Year Project |
| author |
Kew, Peipei. Kwek, Cherie Zhi Yan. Ong, June Xin Yu. |
| author_sort |
Kew, Peipei. |
| title |
CEO interview on CNBC and post earnings announcement drift. |
| title_short |
CEO interview on CNBC and post earnings announcement drift. |
| title_full |
CEO interview on CNBC and post earnings announcement drift. |
| title_fullStr |
CEO interview on CNBC and post earnings announcement drift. |
| title_full_unstemmed |
CEO interview on CNBC and post earnings announcement drift. |
| title_sort |
ceo interview on cnbc and post earnings announcement drift. |
| publishDate |
2011 |
| url |
http://hdl.handle.net/10356/43911 |
| _version_ |
1770564083202916352 |