“Earnings Quality and Trading Volume Reactions Around Earnings Announcements: International Evidence”

Authors

  • Karimova Aziza Erkinovna Author
  • Jononmirzayeva Dilafruz Ilhom qizi Author

Keywords:

earnings quality, stock returns, international markets, trading volume, financial modeling, stock brokerage analysts, market dynamics, earnings forecasts, the volume-return, hypothesis of identical interpretations, market efficiency.

Abstract

This paper challenges the widely held assumption in financial modeling that market participants interpret public information identically. This study aims to investigate the relationship between earnings quality and trading volume reactions around earnings announcements across a diverse range of international markets. By analyzing the relationship between trading volume and stock returns around public announcements, we find evidence inconsistent with this assumption. To address this inconsistency, they develop a novel model of trade incorporating differential interpretations, which aligns with the observed volume-return relation.

Author Biographies

  • Karimova Aziza Erkinovna

    TAFU  o’qituvchisi

  • Jononmirzayeva Dilafruz Ilhom qizi

    TAFU  o’qituvchisi

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Published

2024-10-23

Issue

Vol. 12 No. 2 (2024): Yangi O'zbekiston taraqqiyotida tadqiqotlarni o'rni va rivojlanish omillari

Section

Articles

How to Cite

“Earnings Quality and Trading Volume Reactions Around Earnings Announcements: International Evidence”. (2024). Yangi O’zbekiston Taraqqiyotida Tadqiqotlarni o’rni Va Rivojlanish Omillari, 12(2), 114-119. https://pedagoglar.org/04/article/view/5464