Geoffrey Booth, G.; Kallunki, Juha‐Pekka; Sahlström, … - In: International Journal of Managerial Finance 7 (2011) 3, pp. 220-237
Purpose – This paper aims to investigate who causes post‐announcement drift and whether this drift is observed for various types of news announcements. Design/methodology/approach – Using Finnish share ownership data, the authors examine the trading behavior of foreign and domestic...