How Important are Earnings Announcements as an Information Source?

How Important are Earnings Announcements as an Information Source?

In a competitive information market, a single information source can only dominate other sources individually, not collectively. We explore whether earnings announcements constitute such a dominant source using Ball and Shivakumar's (2008) [How much new information is there in earnings?, Journa...

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Bibliographic Details
Main Authors: BASU, Sudipta, DUONG, Truong Xuan, MARKOV, Stanimir, TAN, Eng Joo
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2011
Subjects:
earnings information arrival days
conditional information content
information monopoly
Corporate Finance
Finance and Financial Management
Portfolio and Security Analysis
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3283
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4282/viewcontent/TanJE2013ImportantEarningAnnounce.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/lkcsb_research/3283
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4282/viewcontent/TanJE2013ImportantEarningAnnounce.pdf

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