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Keywords: private information acquisition
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Journal Articles
Running without Moving? Corporate Disclosure and Annual Price Discovery in Bad versus Good Times
Free
Journal:
The Accounting Review
The Accounting Review 1–28.
Published: 05 May 2025
... times (27 percent). Investor private information acquisition contributes to bridging the gap left by corporate disclosures in price discovery during bad news years. Data Availability: Data are available from public sources cited in the text. JEL Classifications: G10; G12; M41. We gratefully...