The Opportunistic Reporting of Material Events and the Apparent Misconception of Investors' Reaction
Using a comprehensive sample of non-earnings 8-K filings from 1996 to 2011, we examine whether firms engage in opportunistic reporting of mandatory and voluntary news. We find strong evidence of opportunistic reporting of negative news, especially among public firms. Public firms are more likely to...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2013
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1054 https://ink.library.smu.edu.sg/context/soa_research/article/2053/viewcontent/Strategic_Dec_2012.pdf |
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| Institution: | Singapore Management University |
| Language: | English |