Asymmetric Trading Costs Prior to Earnings Announcements: Implications for Price Discovery and Returns
Citations
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Cited by:
- Noh, Suzie & So, Eric C. & Verdi, Rodrigo S., 2021. "Calendar rotations: A new approach for studying the impact of timing using earnings announcements," Journal of Financial Economics, Elsevier, vol. 140(3), pages 865-893.
- Hyunkwon Cho & Sunhwa Choi & Robert Kim, 2023. "Less timely earnings announcements and voluntary disclosure," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 50(3-4), pages 524-564, March.
- Chen, Bei & Gan, Quan & Vasquez, Aurelio, 2023. "Anticipating jumps: Decomposition of straddle price," Journal of Banking & Finance, Elsevier, vol. 149(C).
- Bekjarovski, Filip, 2019. "Active investing," Other publications TiSEM 7636da9d-f63e-451a-ba78-d, Tilburg University, School of Economics and Management.
- Chan, Kam Fong & Marsh, Terry, 2022. "Asset pricing on earnings announcement days," Journal of Financial Economics, Elsevier, vol. 144(3), pages 1022-1042.
- Jiang, Danling & Norris, Dylan & Sun, Lin, 2021. "Weather, institutional investors and earnings news," Journal of Corporate Finance, Elsevier, vol. 69(C).
- Snehal Banerjee & Iván Marinovic & Kevin Smith, 2024. "Disclosing to Informed Traders," Journal of Finance, American Finance Association, vol. 79(2), pages 1513-1578, April.
- repec:osf:socarx:mfx6w_v1 is not listed on IDEAS
- Khrystyna Bochkay & Stan Markov & Musa Subasi & Eric Weisbrod, 2022. "The Roles of Data Providers and Analysts in the Production, Dissemination, and Pricing of Street Earnings," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 60(5), pages 1695-1740, December.
- Kruger, Samuel, 2018. "Disagreement and Liquidity," SocArXiv mfx6w, Center for Open Science.
- Kevin C. Smith & Eric C. So, 2022. "Measuring Risk Information," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 60(2), pages 375-426, May.
- Zhi Da & Jian Hua & Tim Chih-Ching Hung & Lin Peng, 2025. "Market Returns and a Tale of Two Types of Attention," Management Science, INFORMS, vol. 71(12), pages 10505-10537, December.
- Neilson, Jed J., 2022. "Investor information gathering and the resolution of uncertainty," Journal of Accounting and Economics, Elsevier, vol. 74(1).
- Stefan J. Huber & Chongho Kim & Edward M. Watts, 2024. "Earnings News and Over‐the‐Counter Markets," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 62(2), pages 701-735, May.
- Kim, Junwoo & Kim, Robert & Kim, Sangwan, 2020. "Does financial statement comparability mitigate delayed trading volume before earnings announcements?," Journal of Business Research, Elsevier, vol. 107(C), pages 62-75.
- Xiao, Xijuan & Yamamoto, Ryuichi, 2024. "Overnight earnings announcements and preopening price discovery," Japan and the World Economy, Elsevier, vol. 70(C).
- Mehmet E. Akbulut & Arsenio Staer & Erdem Ucar, 2025. "Stakeholder orientation and insider trading," The Financial Review, Eastern Finance Association, vol. 60(3), pages 761-798, August.
- Aytekin Ertan & Stephen A. Karolyi & Peter W. Kelly & Robert Stoumbos, 2022. "Earnings announcement return extrapolation," Review of Accounting Studies, Springer, vol. 27(1), pages 185-230, March.
- Nagar, Venky & Schoenfeld, Jordan & Wellman, Laura, 2019. "The effect of economic policy uncertainty on investor information asymmetry and management disclosures," Journal of Accounting and Economics, Elsevier, vol. 67(1), pages 36-57.
- Laarits, Toomas & Sammon, Marco, 2025. "The retail habitat," Journal of Financial Economics, Elsevier, vol. 172(C).
- Gregory Weitzner, 2023. "The Term Structure of Short Selling Costs," Review of Finance, European Finance Association, vol. 27(6), pages 2125-2161.
- David Veenman & Patrick Verwijmeren, 2022. "The Earnings Expectations Game and the Dispersion Anomaly," Management Science, INFORMS, vol. 68(4), pages 3129-3149, April.
- Yuan, Li & Tao, Jing & Li, Haitong & Dai, Pengyi, 2024. "Narrative innovation disclosure and stock price crash risk: Evidence from Chinese listed firms," Research in International Business and Finance, Elsevier, vol. 71(C).
- Chao Gao & Grace Xing Hu & Xiaoyan Zhang, 2026. "Uncertainty Risk Resolution Before Earnings Announcements," Management Science, INFORMS, vol. 72(3), pages 1835-1857, March.
- S. P. Kothari & Charles Wasley, 2019. "Commemorating the 50‐Year Anniversary of Ball and Brown (1968): The Evolution of Capital Market Research over the Past 50 Years," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 57(5), pages 1117-1159, December.
- Vincent Grégoire & Charles Martineau, 2022. "How is Earnings News Transmitted to Stock Prices?," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 60(1), pages 261-297, March.
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