{"id":"https://openalex.org/W2005362965","doi":"https://doi.org/10.1111/j.1467-629x.1984.tb00059.x","title":"THE INFORMATION CONTENT OF SIGN AND SIZE OF EARNINGS ANNOUNCEMENTS: NEW ZEALAND EVIDENCE","display_name":"THE INFORMATION CONTENT OF SIGN AND SIZE OF EARNINGS ANNOUNCEMENTS: NEW ZEALAND EVIDENCE","publication_year":1984,"publication_date":"1984-11-01","ids":{"openalex":"https://openalex.org/W2005362965","doi":"https://doi.org/10.1111/j.1467-629x.1984.tb00059.x","mag":"2005362965"},"language":"en","primary_location":{"id":"doi:10.1111/j.1467-629x.1984.tb00059.x","doi":"https://doi.org/10.1111/j.1467-629x.1984.tb00059.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-629x.1984.tb00059.x","pdf_url":null,"source":{"id":"https://openalex.org/S4210171597","display_name":"Accounting and Finance","issn_l":"0810-5391","issn":["0810-5391","1467-629X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Accounting &amp; Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"David M. Emanuel","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I154130895","display_name":"University of Auckland","ror":"https://ror.org/03b94tp07","country_code":"NZ","type":"education","lineage":["https://openalex.org/I154130895"]}],"countries":["NZ"],"is_corresponding":true,"raw_author_name":"David M. Emanuel","raw_affiliation_strings":["University of Auckland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Auckland","institution_ids":["https://openalex.org/I154130895"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I154130895"],"apc_list":{"value":3470,"currency":"USD","value_usd":3470},"apc_paid":null,"fwci":1.0296,"has_fulltext":false,"cited_by_count":25,"citation_normalized_percentile":{"value":0.80672704,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":95},"biblio":{"volume":"24","issue":"2","first_page":"25","last_page":"43"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9824000000953674,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9824000000953674,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.009499999694526196,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0038999998942017555,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/earnings-announcements","display_name":"earnings announcements","score":0.9980000257492065},{"id":"https://openalex.org/keywords/information-content","display_name":"information content","score":0.7279999852180481},{"id":"https://openalex.org/keywords/abnormal-returns","display_name":"abnormal returns","score":0.6159999966621399},{"id":"https://openalex.org/keywords/cumulative-abnormal-returns","display_name":"cumulative abnormal returns","score":0.7129999995231628},{"id":"https://openalex.org/keywords/earnings-surprises","display_name":"earnings surprises","score":0.7950000166893005},{"id":"https://openalex.org/keywords/martingale-model","display_name":"martingale model","score":0.7799999713897705},{"id":"https://openalex.org/keywords/stock-prices","display_name":"stock prices","score":0.5820000171661377},{"id":"https://openalex.org/keywords/new-zealand-stock-market","display_name":"New Zealand stock market","score":0.7419999837875366}],"concepts":[{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.84189772605896},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4960256516933441},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.44783005118370056},{"id":"https://openalex.org/C147808555","wikidata":"https://www.wikidata.org/wiki/Q7233519","display_name":"Post-earnings-announcement drift","level":4,"score":0.42827779054641724},{"id":"https://openalex.org/C48406656","wikidata":"https://www.wikidata.org/wiki/Q534112","display_name":"Martingale (probability theory)","level":2,"score":0.41375425457954407},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.399375319480896},{"id":"https://openalex.org/C190775180","wikidata":"https://www.wikidata.org/wiki/Q5326946","display_name":"Earnings response coefficient","level":3,"score":0.3925883173942566},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3837028741836548},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3524320125579834},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.2956335246562958},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.12433084845542908},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.11930480599403381}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1467-629x.1984.tb00059.x","doi":"https://doi.org/10.1111/j.1467-629x.1984.tb00059.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-629x.1984.tb00059.x","pdf_url":null,"source":{"id":"https://openalex.org/S4210171597","display_name":"Accounting and Finance","issn_l":"0810-5391","issn":["0810-5391","1467-629X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Accounting &amp; Finance","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W1577522477","https://openalex.org/W1970301055","https://openalex.org/W1999235230","https://openalex.org/W2015081920","https://openalex.org/W2026422083","https://openalex.org/W2043619364","https://openalex.org/W2044133943","https://openalex.org/W2078838966","https://openalex.org/W2081432842","https://openalex.org/W2104964789","https://openalex.org/W2313419753","https://openalex.org/W3142603130","https://openalex.org/W3143612088","https://openalex.org/W3181843143"],"related_works":["https://openalex.org/W7009348004","https://openalex.org/W22967656","https://openalex.org/W2041638327","https://openalex.org/W3164850618","https://openalex.org/W7029150822","https://openalex.org/W2002341827","https://openalex.org/W2115491080","https://openalex.org/W2087441296","https://openalex.org/W6996760150","https://openalex.org/W2083912913"],"abstract_inverted_index":{"Abstract:":[0],"This":[1],"paper":[2],"examines":[3],"the":[4,14,43],"effect":[5],"of":[6,20,45,52],"1196":[7],"earnings":[8,27],"announcements":[9],"on":[10,42],"share":[11],"prices,":[12],"using":[13,31,48],"familiar":[15],"cumulative":[16],"abnormal":[17],"return":[18],"method":[19],"analysis.":[21],"Earnings":[22],"are":[23,39],"partitioned":[24],"into":[25],"unexpected":[26,46],"increases":[28],"and":[29],"decreases":[30],"a":[32],"martingale":[33],"model.":[34],"As":[35],"well,":[36],"six":[37],"portfolios":[38],"established,":[40],"based":[41],"size":[44],"earnings,":[47],"two":[49],"different":[50],"measures":[51],"size.":[53]},"counts_by_year":[{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2013,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
