The Information Content of SEC Filings and Investor Sophistication: A Variance Decomposition Analysis

The Information Content of SEC Filings and Investor Sophistication: A Variance Decomposition Analysis

Using the Vuolteenaho (2002) variance decomposition methodology, this study assesses the relative value relevance of cash flow, accrual, and expected return news on SEC and preliminary earnings filing dates, as measured by their contribution to the volatility of unexpected returns. Cashflow news is...

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書目詳細資料
Main Authors:	SEGAL, Dan, Callen, Jeffrey L., Livnat, Joshua
格式:	text
語言:	English
出版:	Institutional Knowledge at Singapore Management University 2006
主題:	Accounting Corporate Finance Portfolio and Security Analysis
在線閱讀:	https://ink.library.smu.edu.sg/soa_research/806 http://dx.doi.org/10.2308/accr.2006.81.5.1017
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