The paper analyzes the impact of accounting disclosure on the prediction quality of stock market prices. The study also investigates whether a changing socio-political context affects the prediction quality. We focused on the Tunisian case, which has known a political turmoil in January 2011....

Purpose The purpose of this paper is to investigate the monitoring role exerted by large institutional investors and their ability to restrict the earnings management practices conducted around seasoned equity offerings (SEOs). Design/methodology/approach The sample includes 130 French SEOs by...