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Diversity and Performance
Li, Feng
;
Nagar, Venky
- In:
Management Science
59
(
2013
)
3
,
pp. 529-544
significant improvement in operating performance relative to nonadopters. <i>This paper was accepted by Brad Barber,
finance
.</i> …
Persistent link: https://www.econbiz.de/10010990534
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The Party's Over: The Role of Earnings Guidance in Resolving Sentiment-Driven Overvaluation
Seybert, Nicholas
;
Yang, Holly I.
- In:
Management Science
58
(
2012
)
2
,
pp. 308-319
This paper shows that an important link between investor sentiment and firm overvaluation is optimistic earnings expectations, and that management earnings guidance helps resolve sentiment-driven overvaluation. Using previously identified firm characteristics, we find that most of the negative...
Persistent link: https://www.econbiz.de/10010990622
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