Purpose – The purpose of this paper is to examine the short‐term reactions of stock prices to the announcement of earnings restatement by the public companies listed in the Toronto stock exchange in Canada. Design/methodology/approach – The paper conducts an empirical study. For the...

Purpose – The purpose of this paper is to examine the short-term reactions of stock prices to the announcement of earnings restatement by the public companies listed in the Toronto stock exchange in Canada. Design/methodology/approach – The paper conducts an empirical study. For the purpose...