Trading volume reactions to annual accounting earnings announcements

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

The Information Content of Annual Earnings Announcements

1968 • 2,768 citations

Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures

1993 • 2,760 citations

The Relation Between Price Changes and Trading Volume: A Survey

1987 • 2,469 citations

Market liquidity and volume around earnings announcements

1994 • 1,792 citations

Trading Volume and Price Reactions to Public Announcements

1991 • 1,132 citations

Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements

1985 • 1,086 citations

Analysts' forecasts as earnings expectations

1988 • 1,063 citations

Market reaction to anticipated announcements

1991 • 643 citations

Consistent Covariance Matrix Estimation with Cross-Sectional Dependence and Heteroskedasticity in Financial Data

1989 • 632 citations

A Theory of Trading Volume

1986 • 565 citations

The Use of the Rank Transform in Regression

1979 • 468 citations

The Information Content of Annual Earnings Releases: A Trading Volume Approach

1986 • 381 citations

Unexpected Earnings, Firm Size, and Trading Volume around Quarterly Earnings Announcements

2016 • 324 citations

Cross-Security Tests of the Mixture of Distributions Hypothesis

1986 • 291 citations

The behavior of daily stock market trading volume

1989 • 290 citations

Differences of Opinion in Financial Markets

1989 • 283 citations

Price and Trading Volume Reaction Surrounding Earnings Announcements: A Closer Examination

1981 • 280 citations

Analysts' forecasts as proxies for investor beliefs in empirical research

1995 • 276 citations

Asymmetrical Information in Securities Markets and Trading Volume

1980 • 175 citations

The Use of the Rank Transform in Regression

1979 • 145 citations

Market Implications of Predisclosure Information: Size and Exchange Effects

1987 • 137 citations

Information Value and Investor Wealth: The Case of Earnings Announcements

1988 • 113 citations

Incremental Information Content of Statement 33 Disclosures

1983 • 98 citations

The power of tests employing log-transformed volume in detecting abnormal trading

1991 • 77 citations

A Theory of Trading Volume

1986 • 76 citations

Information Characteristics of Earnings Announcements and Stock Market Behavior

1983 • 76 citations

Predisclosure informational asymmetries, firm capitalization, financial reports, and security price behavior

1980 • 58 citations

A comparison of the financial characteristics of December and non-December year-end companies

1988 • 53 citations

Usefulness to investors and creditors of information provided by financial reporting : a review of empirical accounting research

1982 • 33 citations

Informational Efficiency and Information Subsets

1986 • 32 citations

An empirical investigation of the effects of statement of financial accounting standards no. 8 on security return behavior

1978 • 28 citations

ECONOMETRIC FORECASTING OF COMMON STOCK INVESTMENT RETURNS: A NEW METHODOLOGY USING FUNDAMENTAL OPERATING DATA

1972 • 19 citations

Informational Efficiency and Information Subsets

1986 • 9 citations

Econometric Forecasting of Common Stock Investment Returns: A New Methodology Using Fundamental Operating Data

1972 • 7 citations