Jancenelle, Vivien E.; Storrud-Barnes, Susan F.; … - In: Journal of Strategy and Management 9 (2016) 3, pp. 383-402
Purpose – The purpose of this paper is to focus on investor reactions to unanticipated changes in income, and whether those reactions can be mitigated by managerial discussion. The authors investigate how top-management team certainty and optimism during post-earnings announcement conference...