Inflation Illusion and Post-earnings-announcement Drift

By Tarun Chordia, L. Shivakumar. 2005

127 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/46c249e3dad13c7527a58cdec1df3a760bd0317b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Peter D. Wysocki
2. İ. Tuna
3. Scott A. Richardson
4. Sarah E. McVay
5. Christian Leuz
6. Rodrigo S. Verdi
7. John (Xuefeng) Jiang
8. David F. Larcker

In Finance

1. İ. Tuna
2. Peter D. Wysocki
3. Scott A. Richardson
4. Sarah E. McVay
5. Christian Leuz
6. Martin Walker
7. David A. Hirshleifer
8. Jeroen Derwall

Citations in the corpus

• Accounting Anomalies and Fundamental Analysis: A Review of Recent Research Advances (2010, background): “In addition, a paper by Chordia and Shivakumar (2005) suggests that the illusions of inflation can create the observed drift after earnings surprises are announced.”
• Information Uncertainty and Post-Earnings-Announcement-Drift (2007, unknown): “18 Because Chordia and Shivakumar (2006) show that momentum is subsumed by PEAD, we do not include momentum in the detailed tests that follow.”