IMPACTUL RAPORTĂRILOR FINANCIARE ASUPRA EVOLUŢIEI PREŢULUI DE TRANZACŢIONARE - O ABORDARE ÎN CONTEXTUL CONTAGIUNII FINANCIARE
THE IMPACT OF FINANCIAL REPORTING UPON STOCK PRICES EVOLUTION - AN APROACH BASED ON FINANCIAL CONTAGION
Author(s): Ioan-Ovidiu SpătăceanSubject(s): Business Economy / Management, Evaluation research, Financial Markets, Accounting - Business Administration
Published by: Editura University Press Targu Mures
Keywords: financial reporting; corporate governance; investors; information asymmetry; financial contagion;
Summary/Abstract: Typically, we expect that the reports required for listed entities, in the spirit of good corporate governance practices, are to influence trading prices through investors’ perception upon the nature and impact of reported events or transactions. This paper addresses the impact that financial reports carry on trading prices, especially in abnormal market conditions, recently defined by the term of "financial contagion".
Journal: Acta Marisiensis. Seria Oeconomica
- Issue Year: 5/2011
- Issue No: 5
- Page Range: 53-70
- Page Count: 18
- Language: English, Romanian