Information Uncertainty, Earnings Management, and Long-run Stock Performance Following Initial Public Offerings

Material TypeArticleLanguageEnglish
TitleInformation Uncertainty, Earnings Management, and Long-run Stock Performance Following Initial Public Offerings Author(S)Sheng-Syan Chen (Author)
Abstract  We examine how information uncertainty surrounding IPO (initial public offering) firms influences earnings management and long-run stock performance. For low-information-uncertainty issuers, at-issue earnings’ management is positively related to subsequent unmanaged earnings and has no relationship to market reaction to earnings announcement and long-run stock performance following the offering. ...Paginationp 1126–1154
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Business Finance & Accounting  
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