Rogers, Jonathan L. (contributor); … - 2002 - [Elektronische Ressource]
Motor Company Fund
Geewax, Terker & Company
Morgan Stanley
The Nasdaq Stock Market, Inc.
The New York Stock Exchange … price response to management forecasts.
2.2 Management incentives and market price response
In a model where the stock … market has rational expectations about a manager�s in-
centives to bias a report, Fischer and Verrecchia [2000] argue that …