Since 2014
Stock Price Fluctuations and Corporate Forecasts Disclosure: Evidence from an Emerging Market
International Journal of Management and Information Technology
View Archive Info| Field | Value | |
| Title |
Stock Price Fluctuations and Corporate Forecasts Disclosure: Evidence from an Emerging Market
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| Creator |
Kasgari, Abbas Bagherian
Sheykhi, Keyvan |
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| Subject |
forecasted disclosure; Tehran Stock Exchange; stock price fluctuation
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| Description |
This research investigates the relation between forecasting report disclosure and stock price fluctuations. The first hypothesize examine if there is a relation between two variables among companies which lead to fluctuation in the stock price and the second hypothesize examined these variables over research industries.Capital market reacts to new information–in most cases- at least one month before the official date of the disclosure. We found evidence of fluctuation in stock prices before disclosure indicate that information was released to the market before official disclosure. In the other word, stock prices react to the unofficially released information and rumors to the market around the releasing new officially disclosure date. This fraudulent attempt was initiated by price manipulation in cases which we don’t see significant price change during forecasted disclosure even if there are significant change in reported earning values.This investigation indicates that there is a significant relationship between releasing forecasted information and stock price fluctuations in the selected listed companies in TSE.
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| Publisher |
CIRWORLD
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| Date |
2014-04-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://cirworld.com/index.php/ijmit/article/view/669ijmit
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| Source |
INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY; Vol 9 No 1; 1481-1495
2278-5612 |
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| Language |
eng
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| Relation |
https://cirworld.com/index.php/ijmit/article/view/669ijmit/655
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| Rights |
Copyright (c) 2014 INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY
http://creativecommons.org/licenses/by/4.0 |
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