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Showing 1 to 2 of 2 for “"Managerial bias"”.
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Can investors fully adjust for known biases in manager communications?
Managerial communications often contain biased information because of managerial incentives and other influences. A common assumption in the accounting literature is that if investors are aware of managerial biases, they will be able to fully adjust for those known biases when reacting to …
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Two Essays on Mergers and Acquisitions
… driven by alternative interpretations including managerial quality and private information.