How Do Managers of Non-Announcing Firms Respond to Intra-Industry Information Transfers?

Material TypeArticleLanguageEnglish
TitleHow Do Managers of Non-Announcing Firms Respond to Intra-Industry Information Transfers? Author(S)Rosemond Desir (Author)
Abstract  I investigate non-announcing firms’ disclosure patterns in response to information transfers. Anecdotal evidence suggests that non-announcing managers take steps to shield their firms from their peers’ bad news or to imitate their peers’ good news. However, existing research on information transfers seems to ignore this aspect. Using announcements of dividend changes ...Paginationp1180–1213
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Business Finance & Accounting  
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