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Essay text:
They also develop hypothesis about cross-sectional variation in the magnitudes of stock price reactions to good and bad news disclosures as a function of attributes that proxy for managers' incentives and opportunities to withhold information. This assumptions presented in this paragraph are the main reason that the article is trying to explain for the behavior of the stock markets participants. Also we find a logical explication of why is possible for manager to withhold bad news.
First of all we need to understand that managers most reveal good or bad news symmetrically without withholding any news because new information is assumed to arrive randomly with managers having little control over the arrival of news...
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Common topics in this essay:
- news of the day
- news
- Good News/ Bad News Business Letters
- News
- the good news is
- ‘The News does not just happen-it involves planning and construction’. Using media theories covered in this unit, current news examples and the text Wag the Dog, explain whether you agree or disagree with this statement and why.
- Determining if Fox News Reports on the News are Biased or Not?
- News
- News
- good news
- Spread the Good News
- The News
- Good News about Injustice
- News
- News
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