The share is down 8% after the profit warning, is it time to buy?

Jonas Spohr

    Tutkimustuotos: Lehtiartikkeli › Artikkeli › Tieteellinen › vertaisarvioitu

    3 Sitaatiot (Scopus)

    Abstrakti

    Variables explaining the market response to a profit warning are of interest toboth market participants and the managers of the firm. Several variables havebeen used in previous research to explain the market response to profit warnings10 with varying outcomes. This study uses a framework of surprise and risk toexplain the market response and tests it on a sample of 474 profit warningscollected from Nasdaq OMX Nordic. The findings show that surprise and riskvariables can be used to estimate the size of the market response to a profitwarning.
    AlkuperäiskieliEi tiedossa
    Sivut556–559
    JulkaisuApplied Economics Letters
    Vuosikerta21
    Numero8
    DOI - pysyväislinkit
    TilaJulkaistu - 2014
    OKM-julkaisutyyppiA1 Julkaistu artikkeli, soviteltu

    Keywords

    • Accounting research
    • accounting disclosure

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