Essays about: "Earnings response coefficient"
Showing result 1 - 5 of 6 essays containing the words Earnings response coefficient.
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1. Does earnings response following CEO turnovers depend on successor origin?: A study on post-turnover earnings response coefficients in North America
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : A change in CEO represents a significant event in the life of a firm and can have a large impact on its subsequent direction and performance. This study investigates the effect of CEO turnover on the stock market's response to earnings announcements. READ MORE
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2. Are Earnings- and Revenue Response Coefficients Time Varying? Evidence from the S&P 500
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : We test the time variance of the market's reaction to earnings- and revenue surprises, i.e. the earnings- and revenue response coefficients, on S&P 500 constituents during the period 2001 - 2017, split into three different subperiods based on US GDP growth rates. READ MORE
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3. The relationship between CSR disclosure quality and investor responsiveness to earnings news
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This study investigates whether there is a relationship between Corporate Social Responsibility (CSR) disclosure quality and investor responsiveness to earnings news. The notion is that CSR disclosure quality can signal earnings quality. READ MORE
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4. Is Top Line Now Top of Mind? An empirical study on response coefficients on the Stockholm Stock Exchange
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This study examines the relationship between abnormal stock returns and surprises in both revenues and earnings on the Stockholm Stock Exchange for the years 2011 - 2015. Previous research has shown a continuously increasing size of the revenue response coefficient, which under certain conditions surpasses the value of the earnings response coefficient. READ MORE
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5. Does top management trustworthiness affect the capital market's response to unexpected earnings? - A study on the effect of top management trustworthiness on earnings response coefficients
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : The Earnings Response Coefficient (ERC) measures the magnitude of the capital market's reaction to announced earnings surprises, and varies depending on intertemporal and cross-sectional factors. Since factors such as trust and credibility have been shown to have a significant impact on the capital market's perception of a company, we hypothesize that these factors may also affect the capital market's reactions to earnings surprises. READ MORE