{"id":"https://openalex.org/W2124150876","doi":"https://doi.org/10.2307/2330665","title":"Information Effects and Stock Market Response to Signs of Firm Deterioration","display_name":"Information Effects and Stock Market Response to Signs of Firm Deterioration","publication_year":1981,"publication_date":"1981-03-01","ids":{"openalex":"https://openalex.org/W2124150876","doi":"https://doi.org/10.2307/2330665","mag":"2124150876"},"language":"en","primary_location":{"id":"doi:10.2307/2330665","doi":"https://doi.org/10.2307/2330665","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2330665","pdf_url":null,"source":{"id":"https://openalex.org/S193228710","display_name":"Journal of Financial and Quantitative Analysis","issn_l":"0022-1090","issn":["0022-1090","1756-6916"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Financial and Quantitative Analysis","raw_type":"journal-article"},"volume":null,"type":"article","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":"https://openalex.org/A5084624849","display_name":"Edward I. Altman","orcid":"https://orcid.org/0000-0002-7874-7310","observed_orcids":["https://orcid.org/0000-0002-7874-7310"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Edward I. Altman","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5015928584","display_name":"Menachem Brenner","orcid":"https://orcid.org/0000-0002-4725-8143","observed_orcids":["https://orcid.org/0000-0002-4725-8143"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Menachem Brenner","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3550,"currency":"USD","value_usd":3550},"apc_paid":null,"fwci":11.9311,"has_fulltext":false,"cited_by_count":69,"citation_normalized_percentile":{"value":0.97951681,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"16","issue":"1","first_page":"35","last_page":"35"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.9775000214576721,"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"}},"topics":[{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.9775000214576721,"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/T10047","display_name":"Financial Markets and Investment Strategies","score":0.006599999964237213,"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/T10019","display_name":"Corporate Finance and Governance","score":0.004699999932199717,"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/information-effects","display_name":"information effects","score":0.9390000104904175},{"id":"https://openalex.org/keywords/stock-market-reaction","display_name":"stock market reaction","score":0.781000018119812},{"id":"https://openalex.org/keywords/bankruptcy-prediction","display_name":"bankruptcy prediction","score":0.4519999921321869},{"id":"https://openalex.org/keywords/financial-distress","display_name":"financial distress","score":0.4869999885559082},{"id":"https://openalex.org/keywords/stock-price-reaction","display_name":"stock price reaction","score":0.4519999921321869},{"id":"https://openalex.org/keywords/z-score","display_name":"Z-score","score":0.36399999260902405}],"concepts":[{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5567352175712585},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5504136085510254},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5428561568260193},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4281052350997925},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.35990795493125916},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3235151469707489},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.10136187076568604},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.05929189920425415},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C191897082","wikidata":"https://www.wikidata.org/wiki/Q11467","display_name":"Metallurgy","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2307/2330665","doi":"https://doi.org/10.2307/2330665","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2330665","pdf_url":null,"source":{"id":"https://openalex.org/S193228710","display_name":"Journal of Financial and Quantitative Analysis","issn_l":"0022-1090","issn":["0022-1090","1756-6916"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Financial and Quantitative Analysis","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:cup:jfinqa:v:16:y:1981:i:01:p:35-51_00","doi":null,"is_oa":false,"landing_page_url":"https://www.cambridge.org/core/product/identifier/S0022109000006657/type/journal_article","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.41999998688697815,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":20,"referenced_works":["https://openalex.org/W643595536","https://openalex.org/W1497405865","https://openalex.org/W1585962340","https://openalex.org/W1979436160","https://openalex.org/W1994102621","https://openalex.org/W2008835440","https://openalex.org/W2020848494","https://openalex.org/W2031185164","https://openalex.org/W2061866032","https://openalex.org/W2078838966","https://openalex.org/W2081432842","https://openalex.org/W2097720489","https://openalex.org/W2104795328","https://openalex.org/W2110321237","https://openalex.org/W2124532504","https://openalex.org/W2126806822","https://openalex.org/W2141225059","https://openalex.org/W2154585860","https://openalex.org/W2314777344","https://openalex.org/W2326139589"],"related_works":["https://openalex.org/W2086844665","https://openalex.org/W3147023447","https://openalex.org/W648349583","https://openalex.org/W3027088442","https://openalex.org/W7024133636","https://openalex.org/W2802721727","https://openalex.org/W570937469","https://openalex.org/W3189291241","https://openalex.org/W4230658565","https://openalex.org/W2910025397"],"abstract_inverted_index":{"Edward":[0],"I.":[1],"Altman,":[2],"Menachem":[3],"Brenner,":[4],"Information":[5],"Effects":[6],"and":[7,20],"Stock":[8],"Market":[9],"Response":[10],"to":[11],"Signs":[12],"of":[13,18],"Firm":[14],"Deterioration,":[15],"The":[16],"Journal":[17],"Financial":[19],"Quantitative":[21],"Analysis,":[22],"Vol.":[23],"16,":[24],"No.":[25],"1":[26],"(Mar.,":[27],"1981),":[28],"pp.":[29],"35-51":[30]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}