Market Reaction to the Timing of EPS Forecast
This study investigates how the market reacts to a negative revision of management earnings forecast (bad news) and late announcement of this news. The study spans the period of 2004 (AHS) to 2011. The linear multivariate regressions have been used to test the hypotheses. We found that market react...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Alzahra University
2015-09-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | http://jera.alzahra.ac.ir/article_647_85a2631a3b37b90be55507f1d009c125.pdf |