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Title: Timing and effectiveness of the release of financial results.
Authors: Pius Padjar Tjukrono.
Soo, Chai Chew.
Tan, Sian Lip.
Keywords: DRNTU::Business::Accounting::Reporting
Issue Date: 1999
Abstract: This is a study of the significance of abnormal stock-price returns due to information contained in two releases of financial results: first in the newspapers and subsequently in the annual reports. The findings confirm the intuition that most investors quickly assimilate and act upon the information first released in the newspapers so that the subsequent release of annual reports does not result in any further abnormal returns that can be associated with earnings.
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:NBS Theses

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