Sell on the news: Differences of opinion, short-sales constraints, and returns around earnings announcements

By H. Berkman, V. Dimitrov, Prem C. Jain, Paul D. Koch, Sheri Tice. 2009

312 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/15d4b7554fc4e9cdeb64f43e081e96b0125a7d45

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In Accounting

1. I. Schindele
2. Oyvind Norli
3. C. Ostergaard

In Finance

1. I. Schindele
2. Oyvind Norli
3. C. Ostergaard

Citations in the corpus

• Liquidity and Shareholder Activism (2015, background): “where Fjt is the dollar value of inflows experienced by mutual fund j in quarter t, sijt−1 is the proportion of mutual fund j’s total assets accounted for by stock i at the end of the previous (15)Berkman et al. (2009) also use institutional ownership to measure short-sale constraints and return vol”
• Divergence of Sentiment and Stock Market Trading (2017, unknown): “…and the probability of trade, using measures based on, for example, the dispersion of analyst forecasts (Ajinkya et al., 1991; Diether et al., 2002; Berkman et al., 2009), open interest on index futures (Bessembinder et al., 1996), and macroeconomic variables based on a household investor survey…”