This paper reviews, synthesizes, and critiques the capital market literature examining trading
volume around earnings announcements and other financial reports. Our purposes are to …

This paper investigates whether the financial reporting practices of family firms differ from
non-family firms. Results indicate family firms have lower absolute discretionary accruals …

The coronavirus pandemic has spread all over the world, affecting both the health and
economic sectors. The aim of this research was to observe stock prices of customer goods …

The purpose of this paper is two-fold. First, I attempt a taxonomy of the extant accounting
literature on disclosure: that is, a categorization of the various models of disclosure in the …

Conference calls held in conjunction with an earnings release have become increasingly
common in recent years, yet there is little evidence regarding the reasons that these calls …

This paper suggests that earnings announcements provide information that allows certain
traders to make judgements about a firm's performance that are superior to the judgements …

A model of trading in speculative markets is developed based on differences of opinion
among traders. Our purpose is to explain some of the empirical regularities that have been …

The purpose of this study is to investigate theoretically how the price and volume reactions
to a public announcement are related to each other, to the announcement's characteristics …

This paper investigates whether the business press serves as an information intermediary.
The press potentially shapes firms' information environments by packaging and …

We investigate the frictions that impede individual investors' use of accounting information
and, in particular, their costs of monitoring and acquiring accounting disclosures. We do so …