On the relationship between analyst reports and corporate disclosures: Exploring the roles of information discovery and interpretation
We examine the relationship between analyst research and corporate earnings announcements to explore the relative importance of information discovery versus interpretation of previously released information. Using equity market reaction to capture information content, we find that information discov...
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Main Authors: | CHEN, Xia, CHENG, Qiang, LO, Kin |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2010
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/soa_research/822 https://ink.library.smu.edu.sg/context/soa_research/article/1821/viewcontent/SSRN_id917919.pdf |
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Institution: | Singapore Management University |
Language: | English |
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