'Larger stock price reaction' presentation slideshows

Management Forecasts, Disclosure Quality, and Market Efficiency

Management Forecasts, Disclosure Quality, and Market Efficiency. Jeffrey Ng, ?rem Tuna, and Rodrigo Verdi. What do we do?. We examine short-term and long-term market reaction to management forecasts We test the effect of disclosure quality on the long-term market reaction. Motivation.

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