메뉴 건너뛰기




Volumn 37, Issue 4, 2002, Pages 413-419

Level of multinationality as an explanation for post-announcement drift

Author keywords

Earnings predictability; Multinationality; Post announcement drift

Indexed keywords


EID: 0036033939     PISSN: 10944060     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0020-7063(02)00192-9     Document Type: Article
Times cited : (3)

References (25)
  • 1
    • 84977316348 scopus 로고
    • Investor recognition of corporate international diversification
    • Agmon, T., & Lessard, D. (1977). Investor recognition of corporate international diversification. Journal of Finance, 1049-1055.
    • (1977) Journal of Finance , pp. 1049-1055
    • Agmon, T.1    Lessard, D.2
  • 2
    • 0030170359 scopus 로고    scopus 로고
    • How naive is the stock market's use of earnings information?
    • Ball, R., & Bartov, E. (1996). How naive is the stock market's use of earnings information? Journal of Accounting and Economics, 21, 319-337.
    • (1996) Journal of Accounting and Economics , vol.21 , pp. 319-337
    • Ball, R.1    Bartov, E.2
  • 3
    • 0002742759 scopus 로고
    • An empirical evaluation of accounting income numbers
    • Ball, R., & Brown, P. (1968). An empirical evaluation of accounting income numbers. Journal of Accounting Research, 6, 159-178.
    • (1968) Journal of Accounting Research , vol.6 , pp. 159-178
    • Ball, R.1    Brown, P.2
  • 4
    • 0001215707 scopus 로고
    • Patterns in unexpected earnings as an explanation for post-announcement drift
    • Bartov, E. (1992). Patterns in unexpected earnings as an explanation for post-announcement drift. Accounting Review, 67, 610-622.
    • (1992) Accounting Review , vol.67 , pp. 610-622
    • Bartov, E.1
  • 5
    • 0034380942 scopus 로고    scopus 로고
    • Investor sophistication and patterns in stock returns after earnings announcements
    • (January)
    • Bartov, E., Radhakrishnan, S., & Krinsky, I. (2000, January). Investor sophistication and patterns in stock returns after earnings announcements. Accounting Review, 43-63.
    • (2000) Accounting Review , pp. 43-63
    • Bartov, E.1    Radhakrishnan, S.2    Krinsky, I.3
  • 6
    • 0000909526 scopus 로고
    • Evidence that stock prices do not fully reflect the implications of current earnings for future earnings
    • Bernard, V. L., & Thomas, J. (1990). Evidence that stock prices do not fully reflect the implications of current earnings for future earnings. Journal of Accounting and Economics, 13, 305-340.
    • (1990) Journal of Accounting and Economics , vol.13 , pp. 305-340
    • Bernard, V.L.1    Thomas, J.2
  • 7
    • 0001819765 scopus 로고
    • Post-earnings-announcement drift: Delayed price response or risk premium
    • (Spring)
    • Bernard, V., & Thomas, J. (Spring, 1989). Post-earnings-announcement drift: delayed price response or risk premium. Journal of Accounting Research, 1-36.
    • (1989) Journal of Accounting Research , pp. 1-36
    • Bernard, V.1    Thomas, J.2
  • 8
    • 43949158099 scopus 로고
    • An informational efficiency perspective on the post-earnings-announcement drift
    • Bhushan, R. (1994). An informational efficiency perspective on the post-earnings-announcement drift. Journal of Accounting and Economics, 18, 45-65.
    • (1994) Journal of Accounting and Economics , vol.18 , pp. 45-65
    • Bhushan, R.1
  • 9
    • 21344497328 scopus 로고
    • A test of the use of geographical segment disclosures
    • Boatsman, J. R., Behn, B. K., & Patz, D. H. (1993). A test of the use of geographical segment disclosures. Journal of Accounting Research (Suppl. 31), 46-74.
    • (1993) Journal of Accounting Research , Issue.SUPPL. 31 , pp. 46-74
    • Boatsman, J.R.1    Behn, B.K.2    Patz, D.H.3
  • 10
    • 0031536919 scopus 로고    scopus 로고
    • The valuation of the foreign income of U.S. multinational firms: A growth opportunities perspective
    • Bodnar, G. N., & Weintrop, J. (1997). The valuation of the foreign income of U.S. multinational firms: a growth opportunities perspective. Journal of Accounting and Economics, 94, 69-97.
    • (1997) Journal of Accounting and Economics , vol.94 , pp. 69-97
    • Bodnar, G.N.1    Weintrop, J.2
  • 11
    • 0003669621 scopus 로고    scopus 로고
    • International accounting
    • Upper Saddle River, NJ: Prentice Hall
    • Choi, F. D. S., Frost, C. A., & Meek, G. K. (1999). International accounting. Upper Saddle River, NJ: Prentice Hall.
    • (1999)
    • Choi, F.D.S.1    Frost, C.A.2    Meek, G.K.3
  • 12
    • 0005202728 scopus 로고
    • The effects of international corporate diversification, market valuation and size adjusted evidence
    • Errunza, V., & Senbet, L. (1981). The effects of international corporate diversification, market valuation and size adjusted evidence. Journal of Finance, 11, 717-743.
    • (1981) Journal of Finance , vol.11 , pp. 717-743
    • Errunza, V.1    Senbet, L.2
  • 13
    • 0000928969 scopus 로고
    • Risk, return and equilibrium: Empirical tests
    • (May/June)
    • Fama, E., & MacBeth, J. (1973, May/June). Risk, return and equilibrium: empirical tests. Journal of Political Economy, 607-636.
    • (1973) Journal of Political Economy , pp. 607-636
    • Fama, E.1    MacBeth, J.2
  • 14
    • 0001085867 scopus 로고
    • Earnings releases, anomalies, and the behavior of securities returns
    • Foster, G., Olsen, C., & Shevlin, T. (1984). Earnings releases, anomalies, and the behavior of securities returns. Accounting Review, 59, 574-603.
    • (1984) Accounting Review , vol.59 , pp. 574-603
    • Foster, G.1    Olsen, C.2    Shevlin, T.3
  • 15
    • 0002950772 scopus 로고
    • The multiperiod information content of accounting earnings: Confirmations and contradictions of previous earnings reports
    • Freeman, R. N., & Tse, S. Y. (1989). The multiperiod information content of accounting earnings: confirmations and contradictions of previous earnings reports. Journal of Accounting Research, 27, 49-79 (Supplement).
    • (1989) Journal of Accounting Research , vol.27 , Issue.SUPPL. , pp. 49-79
    • Freeman, R.N.1    Tse, S.Y.2
  • 17
    • 4243875513 scopus 로고    scopus 로고
    • The effect of experience on security analyst underreaction and post-earnings announcement drift
    • Working paper, Duke University
    • Mikhail, M. B., Walter, B. R., & Willis, R. H. (2000). The effect of experience on security analyst underreaction and post-earnings announcement drift. Working paper, Duke University.
    • (2000)
    • Mikhail, M.B.1    Walter, B.R.2    Willis, R.H.3
  • 18
    • 0005194017 scopus 로고
    • The information content of geographic segment disclosure
    • Prather-Stewart, J. (1995). The information content of geographic segment disclosure. Advances in International Accounting, 8, 31-44.
    • (1995) Advances in International Accounting , vol.8 , pp. 31-44
    • Prather-Stewart, J.1
  • 19
    • 84978565596 scopus 로고
    • Geographical segment disclosure and multinational risk profile
    • Prodhan, B. K. (1986). Geographical segment disclosure and multinational risk profile. Journal of Business Finance and Accounting, 13, 15-37.
    • (1986) Journal of Business Finance and Accounting , vol.13 , pp. 15-37
    • Prodhan, B.K.1
  • 20
    • 84978598085 scopus 로고
    • Systematic risk and the discretionary disclosure of geographic segments: An empirical investigation of U.S. multinationals
    • Prodhan, B. K., & Harris, M. C. (1989). Systematic risk and the discretionary disclosure of geographic segments: an empirical investigation of U.S. multinationals. Journal of Business, Finance and Accounting, 16, 467-492.
    • (1989) Journal of Business, Finance and Accounting , vol.16 , pp. 467-492
    • Prodhan, B.K.1    Harris, M.C.2
  • 21
    • 84987480065 scopus 로고
    • Further insight into the standardized unexpected earnings anomaly: Size and serial correlation effects
    • Rendleman, R. J., Jones, C. P., & Latane, H. A. (1987). Further insight into the standardized unexpected earnings anomaly: size and serial correlation effects. Financial Review, 22, 131-144.
    • (1987) Financial Review , vol.22 , pp. 131-144
    • Rendleman, R.J.1    Jones, C.P.2    Latane, H.A.3
  • 22
    • 0005120794 scopus 로고
    • Prediction performance of earnings forecasts: The case of U.S. multinationals
    • Rivera, J. M. (1991). Prediction performance of earnings forecasts: the case of U.S. multinationals. Journal of International Business, 22, 265-288.
    • (1991) Journal of International Business , vol.22 , pp. 265-288
    • Rivera, J.M.1
  • 23
    • 84863776586 scopus 로고
    • Foreign operations and the stability of U.S. corporate earnings: Risk reduction by international diversification
    • Rugman, A. R. (1977). Foreign operations and the stability of U.S. corporate earnings: risk reduction by international diversification. Journal of Finance, 223-234.
    • (1977) Journal of Finance , pp. 223-234
    • Rugman, A.R.1
  • 24
    • 0000504246 scopus 로고    scopus 로고
    • Post-earnings-announcement drift and the dissemination of predictable information
    • (Summer)
    • Soffer, L., & Lys, T. (1999, Summer). Post-earnings-announcement drift and the dissemination of predictable information. Contemporary Accounting Research, 305-331.
    • (1999) Contemporary Accounting Research , pp. 305-331
    • Soffer, L.1    Lys, T.2
  • 25
    • 84978548438 scopus 로고
    • Stock market recognition of multinationality of a firm and international events
    • Yang, H., Wansley, J., & Lane, W. (1985). Stock market recognition of multinationality of a firm and international events. Journal of Business, Finance, and Accounting, 12, 263-274.
    • (1985) Journal of Business, Finance, and Accounting , vol.12 , pp. 263-274
    • Yang, H.1    Wansley, J.2    Lane, W.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.