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SSRN 803865 by Amirreza Niknejad is a document available to read on EtoBox.

What is SSRN 803865 about?

This study investigates whether managers tend to delay the disclosure of bad news compared to good news, predicting that negative stock price reactions to bad news will be greater than positive reactions to good news. The findings indicate that managers often withhold bad news due to various incentives, including career concerns, leading to significant market reactions when such news is eventually disclosed. The research highlights a systematic tendency for managers to accumulate and delay bad news disclosu

Author

Amirreza Niknejad

Language

EN