Download or read book The Effects of Annual Earnings on Stock Prices written by George Giannakakis and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Earnings on Stock Prices written by Kenneth W. Stringer and published by . This book was released on 1980 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Handbook of Corporate Earnings Analysis written by Brian R. Bruce and published by Irwin Professional Publishing. This book was released on 1994 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Timing Effect of Earnings Reports and the Stock Market Reaction to Late reporting Firms written by Yann-ching Tsai and published by . This book was released on 1989 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Influence of Quarterly Earnings Announcements on Investor Decisions as Reflected in Common Stock Price Changes written by Robert G. May and published by . This book was released on 1970 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Annual Accounting Data on Stock Returns and Trading Activity written by Andrew Kusiak and published by . This book was released on 1985 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Informational Feedback Effect of Stock Prices on Corporate Disclosure written by Luo Zuo (Ph. D.) and published by . This book was released on 2013 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies whether managers use investor information they learn from the stock market when making forward-looking disclosures. Using annual management earnings forecasts from 1996 to 2010, I find that the association between forecast revisions and stock price changes over the revision periods is stronger when there is more informed trading. Further, the effect of investor information on the revision-return relation remains after controlling for various sources of managerial and public information, and is more pronounced when the information is more relevant to predicted earnings. In addition, more investor information contained in stock prices leads to a greater improvement in forecast accuracy but a weaker market reaction to the subsequent forecast announcement. My study highlights the two-way information flows between firms and capital markets and has implications for the real effects of financial markets.
Download or read book NBER Macroeconomics Annual written by and published by . This book was released on 1986 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Market Response to Earnings Announcements written by Ki Choong Han and published by . This book was released on 1990 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of the Parameters of Earnings Expectation on Stock Prices written by Emeka T. Nwaeze and published by . This book was released on 1992 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Impact of Earnings Smoothness on Stock Prices Stock Returns and Future Earnings Changes The Polish Experience written by Jacek Welc and published by . This book was released on 2015 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital markets appreciate stability. It means that companies reporting smooth earnings patterns tend to be priced relatively high. However, the empirical issue is whether such valuation premiums for earnings smoothness are justified. We examine the relationships between past five-year earnings smoothness and relative stock prices of companies listed on the Warsaw Stock Exchange. The empirical investigation confirmed that on the Polish market the smooth historical earnings are rewarded with valuation premiums and the erratic earnings are penalized with valuation discounts. However, stocks with smooth past earnings tend to bring sub-par future stock returns while stocks with relatively erratic earnings seem to generate above-average returns. Furthermore, the scope of past earnings smoothness does not show any discernible relationships to realized investment risk measures. Finally, companies with smooth earnings tend to report “negative earnings surprises” and relatively slow earnings growth rates in the following year. All in all, our research suggests that there is not any empirically observable justification for the valuation premiums observed in the case of stocks with smooth past earnings because such smoothness translate neither into relatively low future investment risks nor relatively fast future earnings growth.
Download or read book The Impact of Discretionary Segment Reporting Behavior on Investor Beliefs and Stock Prices written by Joseph David Piotroski and published by . This book was released on 1999 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Rational Expectations Approach to Macroeconometrics written by Frederic S. Mishkin and published by University of Chicago Press. This book was released on 2007-11-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in variables. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.
Download or read book Effects of Corporate Earnings Announcements on Stock Prices written by Syed B. Raza and published by . This book was released on 1995 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Duration of the Effect of Earnings Information on Stock Price written by Douglas J. Sikorski and published by . This book was released on 1972 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Dividends and Earnings on Stock Prices written by Hugo Idler and published by . This book was released on 1969 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study attempted to find empirical evidence relative to the dividends- earnings controversy of stock valuation. The main objectives of the thesis were (1) to determine the relative weights which investors place on dividends and earnings in stock valuation, and (2) to determine if these relative weights vary among industries and over time. In order to attain these objectives price, earnings, and dividends data were obtained for the years 1956 to 1967 for three Canadian industries, namely, the printing and publishing industry, the gas distribution industry, and the utilities industry. The study also included a group of firms selected on the basis of rapid price appreciation. The data were then subjected to both time-series and cross-section multiple regression. In using the t ime-series and the cross-section models, the problems of autocorrelation and multicolIinearity were encountered and given special con sideration. The problem of autocorrelation was solved by subjecting the pertinent data to a mathematical transformation which produces the desired random dispersion of the residuals. The problem of multicol I inearity was less severe in the cross- section model and for this reason, the analysis of results was based largely on the cross-section results. The results of the study lead to the conclusion that investors consider both earnings and dividends important in stock valuation and that the relative importance of these variables vary among industries and over time. It appeared that the growth characteristics of an industry determine to a large extent whether earnings or dividends are more important in stock valuation.
Download or read book The effect of unanticipated earnings on stock prices written by Joseph Clark Morgan and published by . This book was released on 1979 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
