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1. 1. Earnings Guidance: Diminishing but Still Relevant : A Study About the Earnings Guidance Phenomenon and Predictability on the Stockholm Stock Exchange 

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Carl Fagerdahl; Daniel Lundberg; [2015]
   Keywords : Earnings guidance; predictability; information asymmetry; signalling;

   Abstract : Aim: The aim of this paper is to document the earnings guidance phenomenon and to investigate the relationship between earnings guidance and predictability on the Stockholm Stock Exchange during the period 2005-2014. Theoretical framework and hypotheses: The efficient market hypothesis argues that a market is inefficient when prices do not reflect all available information. READ MORE