Comparing with the average: Reference points and market reactions to above-average earnings surprises
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DOI: 10.1016/j.jbankfin.2020.105824
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More about this item
Keywords
Earnings surprises; Reference point; Stock returns; Trading volume; Behavioral finance;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
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