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portfolio theory and efficient markets, only capture financial value in their financial risk and return space. Attempts at …
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This paper contributes to the debate on the consequences of increased disclosure regulation by investigating the effects of expedited reporting requirements of Form 4 filings, mandated by the Sarbanes-Oxley Act (SOX), on the market response to earnings announcements. We first confirm that SOX...
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finance theory to provide a framework for ethical valuation capable of establishing what asset prices should be on the basis …
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