Pouryousof, Azam; Nassirzadeh, Farzaneh; Hesarzadeh, Reza; … - In: Journal of risk and financial management : JRFM 15 (2022) 12, pp. 1-16
and large investors separately. The inconsistency of disclosure tone and abnormal trading volume generally indicates …-oriented dictionaries, and tone inconsistency is measured using a benchmark model. The data were collected from 143 companies listed on the … Tehran Stock Exchange from 2011 to 2020, totalling 1380 annual reports. The results show that MD&A tone inconsistency …