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Persistent link: https://www.econbiz.de/10010378393
Previous research documents two puzzling findings that cast doubt on the usefulness of accounting information to investors: the declining power of street EPS in explaining earnings announcement returns and the increasing price reactions to earnings announcements. I show this evidence is due to...
Persistent link: https://www.econbiz.de/10012841409
Previous research documents two puzzling results that cast doubt on the usefulness of accounting information to investors: the declining power of street EPS in explaining earnings announcement returns and increasing price reactions to earnings announcements. I show this evidence is due to...
Persistent link: https://www.econbiz.de/10012842116
Persistent link: https://www.econbiz.de/10012225840
Persistent link: https://www.econbiz.de/10012886459