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Le Comportement Des Investisseurs Et Des Analystes Financiers Lors De L'Annonce Des Informations Comptables Etude De Quatre Evenements Publies Sur Le Marche Financier Français

Author

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  • Sarra Elleuch

    (ISCAE de Tunis - ISCAE)

Abstract

Ce papier a pour objectif d'identifier les réactions des investisseurs et des analystes financiers lors de la publication d'information comptable des entreprises françaises. Les résultats mettent en évidence la présence d'un effet significatif des informations préliminaires et intérimaires sur le comportement des investisseurs et montrent que la réaction des analystes explique en partie celle des investisseurs.

Suggested Citation

  • Sarra Elleuch, 2001. "Le Comportement Des Investisseurs Et Des Analystes Financiers Lors De L'Annonce Des Informations Comptables Etude De Quatre Evenements Publies Sur Le Marche Financier Français," Post-Print halshs-00584628, HAL.
    • Handle: RePEc:hal:journl:halshs-00584628
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00584628
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    File URL: https://shs.hal.science/halshs-00584628/document
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    References listed on IDEAS

    as
    1. Fama, Eugene F & French, Kenneth R, 1992. "The Cross-Section of Expected Stock Returns," Journal of Finance, American Finance Association, vol. 47(2), pages 427-465, June.
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    6. De Bondt, Werner F M & Thaler, Richard H, 1990. "Do Security Analysts Overreact?," American Economic Review, American Economic Association, vol. 80(2), pages 52-57, May.
    7. Brown, Stephen J. & Warner, Jerold B., 1985. "Using daily stock returns : The case of event studies," Journal of Financial Economics, Elsevier, vol. 14(1), pages 3-31, March.
    8. Barber, Brad M. & Lyon, John D., 1997. "Detecting long-run abnormal stock returns: The empirical power and specification of test statistics," Journal of Financial Economics, Elsevier, vol. 43(3), pages 341-372, March.
    9. Fama, Eugene F & French, Kenneth R, 1996. "Multifactor Explanations of Asset Pricing Anomalies," Journal of Finance, American Finance Association, vol. 51(1), pages 55-84, March.
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    Cited by:

    1. François Aubert, 2005. "L'Impact Des Changements De Méthodes Comptables Sur Les Rentabilites Boursieres," Post-Print halshs-00581111, HAL.

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