Limited Attention and Post-Earnings Announcement Drift: Evidence from China’s Stock Market

<p>This paper utilizes Chinese stock data to provide further evidence on the power of limited attention theory in explaining post-earnings announcement drift. As retail investors prevail in China and they are easily distracted by market swings, we should expect severe attention problems, resul...

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Bibliographic Details
Main Authors: Qian Chen, Xiang Gao, Gangchen Liu
Format: Article
Language:English
Published: EconJournals 2021-01-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/10817