Q-theory of investment and earnings retentions—evidence from Scandinavia

Institutional effects on information con

Institutional effects on information content of US and French management earnings forecasts: Evidence from market reactions and analyst revisions

✍ John Q. Li; Yuan Ding 📂 Article 📅 2008 🏛 Elsevier Science 🌐 English ⚖ 227 KB

The United States and France are both most developed economies in the world. Their socio-economic institutions, however, are very different. These differences are indications of their dichotomous legal regimes: common law in the US versus code law in France. The political influence of these legal re