Overreaction to Intra-Industry Information Transfers?

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What Do Management Earnings Forecasts Convey About the Macroeconomy (2013, unknown): “…of inter -industry spillover effects (Shivakumar, 2010), the intuition underlying our study is analogous to that considered in the 4See, for example, Baginski (1987), Clinch and Sinclair (1987), Foster (1981), Lang and Lundholm (1996), Pownall and Waymire (1989), and Thomas and Zhang (2008).”
Accounting Standards Harmonization and Financial Statement Comparability: Evidence from Transnational Information Transfer (2014, background): “…with earnings announcements (Firth, 1976; Foster, 1981; Clinch and Sinclair, 1987; Freeman and Tse, 1992; Han and Wild, 1990; Ramnath, 2002; Thomas and Zhang, 2008) and management forecasts of earnings (Baginski, 1987; Han, Wild and Ramesh, 1989; Pyo and Lustgarten, 1990; Kim, Lacina and…”
A Tough Act to Follow: Contrast Effects in Financial Markets (2018, unknown): “For example, in the context of earnings, Thomas and Zhang (2008) shows an expectational bias in which the market overreacts to industryspecific news released early in an earnings season.”
Analyst following along the supply chain (2011, unknown): “We examine one potential benefit here: improvement in 6 See Foster (1981), Han and Wild (1990), Ramnath (2002), and Thomas and Zhang (2008) on intra-industry information spillovers.”