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|Title:||The impact of accounting earnings disclosures on stock prices in Singapore|
|Authors:||Ariff, M. |
Earnings effect on share prices
|Citation:||Ariff, M.,Loh, A.L.C.,Chew, P.M.K. (1997). The impact of accounting earnings disclosures on stock prices in Singapore. Asia Pacific Journal of Management 14 (1) : 17-29. ScholarBank@NUS Repository.|
|Abstract:||This paper reports the relationship between earnings and share prices. The results show that unexpected earnings changes are significantly associated with share price changes. However, the strength of the earnings effect is not as pronounced as those reported in the more analytically-intensive developed stock markets. The results are adjusted for risk differences by using a nonsynchronous correction procedure to remove thin-trading bias. © 1997 BY JOHN WILEY & SONS (ASIA) LTD.|
|Source Title:||Asia Pacific Journal of Management|
|Appears in Collections:||Staff Publications|
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