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Keywords: unexpected earnings
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Journal Articles
The Accounting Review (2016) 91 (2): 441–462.
Published: 01 March 2016
... visible than a given firm—but not by firms that are less visible—mitigate the announcement window market response to that firm's unexpected earnings, with a corresponding magnification in its post-earnings announcement drift. Further, the effects of visibility-based queuing are more pronounced for days...