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Institutional ownership, differential predisclosure precision and trading volume at announcement dates
16 references·16 citing·48 second hopsampled
Institutional ownership, differential predisclosure precision and trading volume at announcement dates (1997)Institutional ownership, differential pre…Trading volume reactions to annual accounting earnings announcements (1994)Trading volume reactions to a…An informational efficiency perspective on the post-earnings announcement drift (1994)An informational efficiency p…Information Disclosure Strategy (1992)Information Disclosure Strate…Trading Volume and Price Reactions to Public Announcements (1991)Trading Volume and Price Reac…Market reaction to anticipated announcements (1991)Market reaction to anticipate…The Association between Interim Information and Security Returns Surrounding Earnings Announcements (1990)The Association between Inter…Analyst Following and Institutional Ownership (1990)Analyst Following and Institu…Firm characteristics and analyst following (1989)Firm characteristics and anal…Toward a Theory of Equitable and Efficient Accounting Policy. (1988)Toward a Theory of Equitable …Unexpected Earnings, Firm Size, and Trading Volume Around Quarterly Earnings Announcements. (1987)Unexpected Earnings, Firm Siz…The Information Content of Annual Earnings Releases: A Trading Volume Approach (1986)The Information Content of An…A Theory of Trading Volume (1986)A Theory of Trading VolumePredisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements (1985)Predisclosure Information, Fi…Information Acquisition in a Noisy Rational Expectations Economy (1982)Information Acquisition in a …Price and Trading Volume Reaction Surrounding Earnings Announcements: A Closer Examination (1981)Price and Trading Volume Reac…Information aggregation in a noisy rational expectations economy (1981)Information aggregation in a …The impact of institutional investors on ESG : Evidence from China (2022)The impact of institutional i…Dark Pool Trading and Information Acquisition (2021)Dark Pool Trading and Informa…Management Deception, Big-Bath Accounting, and Information Asymmetry: Evidence from Linguistic Analysis (2018)Management Deception, Big-Bat…Linguistic tone and the small trader (2018)Linguistic tone and the small…The impact of media coverage on investor trading behavior and stock returns (2017)The impact of media coverage …Competing Earnings Announcements: Which Announcement Do Investors Process First? (2015)Competing Earnings Announceme…Family Firms and Institutional Investors (2013)Family Firms and Institutiona…Ownership concentration, voluntary disclosures and information asymmetry in New Zealand (2010)Ownership concentration, volu…Trading Volume Reaction to the Earnings Reconciliation from IAS to U. S. GAAP* (2008)Trading Volume Reaction to th…Institutional stakeholdings and better-informed traders at earnings announcements (2008)Institutional stakeholdings a…Geographic Earnings Disclosure and Trading Volume (2008)Geographic Earnings Disclosur…What drives the increased informativeness of earnings announcements over time? (2007)What drives the increased inf…The impact of regulation Fair Disclosure on investors' prior information quality — Evidence from an analysis of changes in trading volume and stock price reactions to earnings announcements (2007)The impact of regulation Fair…Systematic risk and international diversification: An empirical perspective (2007)Systematic risk and internati…An Empirical Analysis of the Effects of Online Trading on Stock Price and Trading Volume Reactions to Earnings Announcements* (2003)An Empirical Analysis of the …News Events, Information Acquisition, and Serial Correlation (2002)News Events, Information Acqu…On the Impossibility of Informationally Efficient Markets (1980)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Macroeconomic Factors Do Influence Aggregate Stock Returns (2002)Does board gender diversity improve the informativeness of stock prices? (2011)The Pre-FOMC Announcement Drift (2012)The Information Content of Annual Earnings Announcements (1968)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)The Relation Between Price Changes and Trading Volume: A Survey (1987)Pre-announcement and event-period private information (1997)Tweets and Trades: the Information Content of Stock Microblogs (2013)A Theory of Cognitive Dissonance (1957)Time Series Analysis Forecasting and Control. (1971)Judgment under Uncertainty: Heuristics and Biases (1974)Trading Volume Around Earnings Announcements and Other Financial Reports: Theory, Research Design, Empirical Evidence, and Directions for Future Research* (2011)Why Do Individual Investors Disregard Accounting Information? The Roles of Information Awareness and Acquisition Costs (2017)An Empirical Evaluation of Accounting Income Numbers (1968)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)Analyst Following of Initial Public Offerings (1997)Stock price synchronicity and analyst coverage in emerging markets (2005)Can Twitter Help Predict Firm-Level Earnings and Stock Returns? (2017)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Expectations and the neutrality of money (1972)Noise (1986)Volume, Volatility, Price, and Profit When All Traders Are Above Average (1998)Is All That Talk Just Noise? The Information Content of Internet Stock Message Boards (2004)Specification Tests in Econometrics (1978)The Categorical Imperative: Securities Analysts and the Illegitimacy Discount (1999)Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies (2000)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Job Market Signaling (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Environmental Disclosure: Contrasting Management's Perceptions with Reality (2004)The revisited contribution of environmental reporting to investors' valuation of a firm's earnings: An international perspective (2006)Deconstructing the Relationship Between Corporate Social and Financial Performance (2011)A Theory of Intraday Patterns: Volume and Price Variability (1988)Differential Information and Dynamic Behavior of Stock Trading Volume (1995)When firms talk, do investors listen? The role of trust in stock market reactions to corporate earnings announcements (2013)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The relationship between return and market value of common stocks (1981)Earnings Innovations, Earnings Persistence, and Stock Returns (1987)Reputation and Performance Among Security Analysts (1992)The Geography of Equity Analysis (2005)Investor Attention, Overconfidence and Category Learning (2005)Winners in the spotlight: Media coverage of fund holdings as a driver of flows (2014)Big Data as a Governance Mechanism (2018)
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References

  • 1989Firm characteristics and analyst following1,535 cited
  • 1991Trading Volume and Price Reactions to Public Announcements1,097 cited
  • 1981Information aggregation in a noisy rational expectations economy1,068 cited
  • 1985Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements1,005 cited
  • 1990Analyst Following and Institutional Ownership843 cited
  • 1982Information Acquisition in a Noisy Rational Expectations Economy639 cited
  • 1991Market reaction to anticipated announcements596 cited
  • 1986A Theory of Trading Volume567 cited
  • 1992Information Disclosure Strategy396 cited
  • 1986The Information Content of Annual Earnings Releases: A Trading Volume Approach346 cited
  • 1994An informational efficiency perspective on the post-earnings announcement drift346 cited
  • 1987Unexpected Earnings, Firm Size, and Trading Volume Around Quarterly Earnings Announcements.329 cited
  • 1994Trading volume reactions to annual accounting earnings announcements309 cited
  • 1981Price and Trading Volume Reaction Surrounding Earnings Announcements: A Closer Examination261 cited
  • 1988Toward a Theory of Equitable and Efficient Accounting Policy.

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226 cited
  • 1990The Association between Interim Information and Security Returns Surrounding Earnings Announcements170 cited
  • Cited by

    • 2010Ownership concentration, voluntary disclosures and information asymmetry in New Zealand117 cited
    • 2018Management Deception, Big-Bath Accounting, and Information Asymmetry: Evidence from Linguistic Analysis105 cited
    • 2022The impact of institutional investors on ESG : Evidence from China103 cited
    • 2007What drives the increased informativeness of earnings announcements over time?102 cited
    • 2013Family Firms and Institutional Investors95 cited
    • 2007The impact of regulation Fair Disclosure on investors' prior information quality — Evidence from an analysis of changes in trading volume and stock price reactions to earnings announcements91 cited
    • 2002News Events, Information Acquisition, and Serial Correlation91 cited
    • 2008Institutional stakeholdings and better-informed traders at earnings announcements85 cited
    • 2007Systematic risk and international diversification: An empirical perspective81 cited
    • 2008Trading Volume Reaction to the Earnings Reconciliation from IAS to U. S. GAAP*75 cited
    • 2003An Empirical Analysis of the Effects of Online Trading on Stock Price and Trading Volume Reactions to Earnings Announcements*71 cited
    • 2008Geographic Earnings Disclosure and Trading Volume67 cited
    • 2021Dark Pool Trading and Information Acquisition67 cited
    • 2015Competing Earnings Announcements: Which Announcement Do Investors Process First?65 cited
    • 2018Linguistic tone and the small trader64 cited
    • 2017The impact of media coverage on investor trading behavior and stock returns59 cited