Essays about: "Market reaction to the earnings announcement"
Showing result 1 - 5 of 13 essays containing the words Market reaction to the earnings announcement.
-
1. The market reaction to goodwill impairment announcements - Do investors value information content, tone and opportunistic managerial behavior?
University essay from Göteborgs universitet/Graduate SchoolAbstract : What make goodwill impairment announcements especially noteworthy for investors is that fairvalue measurements require managers to make unverifiable estimations due to the absence of quoted market prices, meaning that choices whether goodwill is impaired or not could be subject to biased decisions. This study examines the stock market reaction of goodwill write-offs in respect to the information content (the provided reason for the write-down decision) and tone (the sentiment used by managers to explain the write-down decision) of the announcements. READ MORE
-
2. Goodwill Impairment : Predicting goodwill impairment with the market reaction to acquisitions
University essay from Umeå universitet/FöretagsekonomiAbstract : In the economy intangible assets have become more and more important. Financial standards have evolved in order to capture this change and to be relevant. IFRS are international financial accounting standards with the goal to provide investors relevant information in their investment decision process. READ MORE
-
3. Exploiting Market Reactions to Dividend Cuts : Contrarian Trading Strategies in a Short Investment Horizon - Evidence from the Swedish Stock Market
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : This paper investigates the impact of dividend reduction announcements on the returns to stocks listed on the Stockholm Stock Exchange. We perform an event study on dividend cutting firms between 2002-2016 to determine if contrarian trading on the basis of negative dividend announcement yields abnormal returns. READ MORE
-
4. The Value Relevance of Goodwill Impairment and the Impact of Financial Leverage: Evidence from Sweden
University essay from Göteborgs universitet/Graduate SchoolAbstract : The aim of this study is first to examine the value relevance of goodwill impairment losses, and second, to examine the impact of financial leverage on value relevance. Value relevance is defined as the statistical association between the market reaction of earnings announcement and the reported goodwill impairment loss. READ MORE
-
5. Earnings management and insider trading : A study of firms listed on Nasdaq OMX Stockholm
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : There is an ethical dilemma and a legal issue of earnings management and insider trading, and a risk of it affecting the accuracy of financial markets. The use of earnings management leads to an information asymmetry between the corporate management and the financial markets. READ MORE
