Chen, Xuanjuan; Yao, Tong; Yu, Tong; Zhang, Ting - In: Journal of Banking & Finance 45 (2014) C, pp. 26-42
. We examine analysts’ response to a complex type of information – corporate pension underfunding. Pension underfunding … their underreaction to pension underfunding information. On the other hand, when such an incentive is absent, the analyst … stock market mispricing associated with corporate pension underfunding. …