When two anomalies meet: Volume and timing effects on earnings announcements
This study investigates the joint effect of trade volume and report timing on earnings‐announcement premiums. We find that high trading volume effect adds to early announcement effect but not vice versa. After controlling for firm characteristics, late timing and high trade volume have a positive jo...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | English |
| Published: |
Wiley-Blackwell
2020
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| Online Access: | http://hdl.handle.net/20.500.11937/81643 |