Essays about: "Investor Inattention"
Found 4 essays containing the words Investor Inattention.
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1. Strategic Earnings Announcements on Stockholm OMX Exchange - A study of the tendency to and market reaction towards disclosure of earnings announcements during periods of lower market attention(?)
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : In this study, we investigate the phenomenon of Strategic Earnings Announcements on the Stockholm OMX Exchange. Using basic t-tests, we report that earnings announcements made on Fridays are not related to negative earnings surprises when compared to other weekdays, rather there are indications that Friday announcements are related to a positive surprise in the market. READ MORE
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2. Does Big Brother Get More Attention? - A Study on Investor (In)attention and Focus on Well-covered Companies
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis examines the attention span of investors by observing the impact of earnings surprises on the abnormal return on the announcement day - as proxy of attention we have chosen to look at the number of analysts following the firms. Two hypotheses constituted the foundation for our study. READ MORE
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3. Investor distraction during the Swedish summer and stock market under-reaction to companies’ earnings releases
University essay from Företagsekonomiska institutionenAbstract : This paper investigates whether greater investor distraction on the Swedish stock market during the summer months of June, July and August leads to a more pronounced post earnings announcement drift (PEAD) effect, during the ten year period between 2000 and 2009. PEAD is an anomaly whereby the information contained in earnings announcements is not immediately or completely incorporated into stock prices, in the cases where the announcement contains an ‘earnings surprise’. READ MORE
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4. Does the Swedish premium pension provide the right incentives to its stakeholders?
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis specifically aims to investigate the Swedish Premium Pension system. An overview of the characteristics of the system and of the changes that have been made to the system during the last 10 years will be provided. Afterwards specifics of the system like the fee rebate (i.e. READ MORE