Information Content of Net Earnings and the Stock Price Adjustment
The process by which security prices adjust to the release of “new” information is an area of study which has received much attention in accounting and finance. In finance, the main interest has been whether prices adjust in a rapid and unbiased manner to new information. In accounting, the focus ha...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
Alzahra University
2011-09-01
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Series: | پژوهشهای تجربی حسابداری |
Subjects: | |
Online Access: | http://jera.alzahra.ac.ir/article_522_883a21796fce7f17c49eee42666a98e3.pdf |