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In this paper, I examine the effects of trading rights and ownership structure on earnings informativeness around China's split share structure reform. The reform removed trading restrictions on non-tradable shares. I find that earnings informativeness drops after the reform, especially for...
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The COVID-19 pandemic disrupts capital markets and confuses decision makers. This event represents an opportunity to better understand how financial analysts forecast earnings. We focus on forecasts for Real Estate Investment Trusts (REITs) in the United States, since REITs are relatively...
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