Bird, Ron; Reddy, Krishna; Yeung, Danny - In: International Journal of Behavioural Accounting and Finance 4 (2014) 2, pp. 113-132
In recent times we have seen an increased interest in separating information signals into good and bad news in order to gain improved insight into the reaction of investors. When we make this separation we find that the behaviour of investors oscillates between being optimistic and pessimistic...
