[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
:: Search published articles ::
Showing 1 results for Contrariety News

Mehdi Aghabeikzadeh, Dariush Forooghi,
year 9, Issue 34 (9-2017)
Abstract

The requirement for companies to report their interim earning and annual earnings forecast within 30-days overpass from each interim-period will raise the question whether the simultaneous announcement of these two profits affects on the market reaction to the type and nature of the  news each of these profits and causes a different reaction of the capital market to this type of information, and most importantly, which market will pay more attention to one of these profits. In so doing, we have selected 101 listed-companies as our resulting research sample in period 2008-2014 using systematic sampling method as well as applying some restrictions to perform necessary tests. From hypothesis testing, we find that market reaction to annually earnings forecast news seems to be greater than that of simultaneous interim earnings news. Also, consistency (contrariety) of both these simultaneous news have not significantly affected the information content of majority of annually earnings forecast. Furthermore, we also show that market reaction measure on good-news associated with both simultaneous interim earnings and annually earnings forecast is greater than the case of bad-news



Page 1 from 1     

فصلنامه حسابداری مالی Quarterly Financial Accounting
Persian site map - English site map - Created in 0.04 seconds with 25 queries by YEKTAWEB 4692