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Journal Articles

Strategic Trading at the Preopening after Earnings Announcements

Shai Levi, Xiao-Jun Zhang
Journal: Journal of Financial Reporting
Journal of Financial Reporting (2020) 5 (1): 65–80.
https://doi.org/10.2308/jfr-2018-0020
Published: 01 March 2020
... orders. JEL Classifications: M41; G14. Data Availability : Data are available from the public sources cited in the text. Editor's note: Accepted by Sarah E. McVay. 1 9 2018 1 1 2020 2020 earnings announcements preopening informed trading price discovery price impact...
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Journal Articles

Do Investors Benefit from Selective Access to Management?

Brian J. Bushee, Michael J. Jung, Gregory S. Miller
Journal: Journal of Financial Reporting
Journal of Financial Reporting (2017) 2 (1): 31–61.
https://doi.org/10.2308/jfir-51776
Published: 01 March 2017
... regulation fair disclosure conference presentations informed trading This paper examines whether selective access to corporate managers allows investors to revise their beliefs and execute profitable trades. We define “selective access” as the opportunity for investors to meet privately...
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