This study aimed to investigate the effect of fraction resulted of bad news on stock returns emphasizing the regulatory power of information disclosure policies that for this goal, the study population is consisted of the companies listed on the Tehran Stock Exchange during a five years' period (2010-2014). Data of selected statistical sample using systematic elimination method has been collect...

There is much that is attractive about Michael Burawoy’s examination of the critical turn to a public sociology. I find plausible his account of the academic nature of 1970s radical sociology especially that mobilized notions such as Althusser’s “theoretical practice.” I also was cheered to read the account of the positive developments currently in train in the USA and especially with how socia...

Managers have incentives to voluntarily disclose good news early and delay bad news disclosure, and we propose that earnings announcements offset these asymmetric incentives by assuming a proportionately greater role in the disclosure of bad news relative to good news. We find that when news measured by quarterly market-adjusted returns is negative, the proportion of news variation concentrated...

One of the most important methods of opacity accounting information by management is to accelerate the identification of good news versus delaying the identification of bad news on profits, but there is always a final level of accumulation of bad news in the company, and by reaching that its final level, these bad news will be released, which will lead to a Stock Price Crash Risk. In fact, stoc...

This research aims to investigate the effect of conservative reporting on the investors' opinion divergence at the time of earnings announcement in a 5 year period during 2012-2016; the required data have been collected from Tehran Securities and Stock Exchange Organization and the population is consisted of 585 corporates-years which have been selected by the systematic removal sampling. To in...

People can respond to bad news in a variety of ways. The Bad News Response Model suggests that three aspects of bad news (the controllability, likelihood, and severity of negative consequences) predict which response (Watchful Waiting, Active Change, or Acceptance) people are likely to choose. This article presents an initial test of the predictions of the Bad News Response Model. College stude...