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Investor and (Value Line) analyst underreaction to information about future earnings: the corrective role of non-earnings-surprise information

Article Abstract:

Investors and analysts are found to correct their opinions about future earnings possibilities and stock prices following subsequent financial reports.

Author: Shane, Philip, Brous, Peter
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 2001
Research, Stocks, Forecasts and trends, Influence, Future earnings potential, Value Line Investment Survey (Periodical)

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Reporting discretion and private information communication through earnings

Article Abstract:

The authors find it important to have discretion to report either over or under expectations in a two-part reporting period.

Author: Sankar, Mandira Roy, Subramanyam, K.R.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 2001
Accounting and auditing, Financial management, Business communication

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Subjects list: Statistical Data Included, Methods, United States, Analysis, Accounting, Business reports
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