10. Flashcards
1
Q
What is Capital markets research?
A
Investigates how the disclosure of particular information influences the aggregate trading activities taken by individuals participating within capital markets.
2
Q
What is Unexpected earnings?
A
The difference between reported earnings and expected earnings per share
3
Q
What is Market efficiency?
A
A measure of how rapidly a market adjusts to fully impound information into share prices when the information is released.
4
Q
What is Events studies?
A
Studies that examine the changes of share prices or trading volume over a short time around the release of accounting or earnings announcements.
