Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "653"
  #_source: array:26 [
    "id" => "653"
    "slug" => "announcing-the-announcement"
    "yearMonth" => "2017-09"
    "year" => "2017"
    "title" => "Announcing the Announcement"
    "description" => "BOULLAND, R. et DESSAINT, O. (2017). Announcing the Announcement. <i>Journal of Banking & Finance</i>, (82), pp. 59-79."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "BOULLAND Romain"
        "bid" => "B00290634"
        "slug" => "boulland-romain"
      ]
      1 => array:1 [
        "name" => "DESSAINT O."
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:4 [
      0 => "Investor attention"
      1 => "Media coverage"
      2 => "Earnings announcements"
      3 => "Earnings conference call"
    ]
    "updatedAt" => "2021-09-24 10:33:27"
    "publicationUrl" => "https://www.sciencedirect.com/science/article/abs/pii/S0378426617301097?via%3Dihub"
    "publicationInfo" => array:3 [
      "pages" => "59-79"
      "volume" => null
      "number" => "82"
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "What drives investors’ attention? We study how far in advance earnings calendars are pre-announced and find that investors are more attentive to earnings news when such details are disclosed well ahead of time. This variation in investors’ attention affects short-run and long-run stock returns, thereby creating incentives for firms to strategically pre-announce the report date on short notice when the earnings news is bad. Consistent with this idea, firms pre-announce their report dates well ahead of time when earnings are good and do it at the very last moment when earnings are bad. A trading strategy that exploits such variations yields abnormal returns of 1.5% per month."
      "en" => "What drives investors’ attention? We study how far in advance earnings calendars are pre-announced and find that investors are more attentive to earnings news when such details are disclosed well ahead of time. This variation in investors’ attention affects short-run and long-run stock returns, thereby creating incentives for firms to strategically pre-announce the report date on short notice when the earnings news is bad. Consistent with this idea, firms pre-announce their report dates well ahead of time when earnings are good and do it at the very last moment when earnings are bad. A trading strategy that exploits such variations yields abnormal returns of 1.5% per month."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-12-31T04:21:52.000Z"
    "docTitle" => "Announcing the Announcement"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/boulland-romain">BOULLAND Romain</a>, DESSAINT O."
    "docDescription" => "<span class="document-property-authors">BOULLAND Romain, DESSAINT O.</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2017</span>"
    "keywordList" => "<a href="#">Investor attention</a>, <a href="#">Media coverage</a>, <a href="#">Earnings announcements</a>, <a href="#">Earnings conference call</a>"
    "docPreview" => "<b>Announcing the Announcement</b><br><span>2017-09 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="https://www.sciencedirect.com/science/article/abs/pii/S0378426617301097?via%3Dihub" target="_blank">Announcing the Announcement</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 9.269113
  +"parent": null
}