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Showing 1 to 1 of 1 for “"Intraindustry Information Transfers"”.
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INTRAINDUSTRY INFORMATION TRANSFERS: AN ANALYSIS OF CONFIRMATORY AND CONTRADICTORY EARNINGS NEWS
Prior research on intraindustry information transfers finds that earnings announcements are information events not only for the announcing firm but also for others in the industry. This paper adds to this literature by investigating whether the informativeness of a firm’s earnings surprise is …