The effect of voluntary disclosure on uncertainty around earnings announcements
Recent research documents that voluntary disclosure—in particular, managerial forecast guidance—lowers uncertainty levels, as proxied by option implied variances. In this study I explore the effect of such voluntary disclosure on other dimensions of uncertainty. In particular, I investigate the eff...
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Language: | en_US |
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2016
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Online Access: | https://hdl.handle.net/2144/17100 |