Asset Details
Do you wish to reserve the book?
The Interaction between Earnings Surprises, Investors' Responses and Financial Leverage
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
The Interaction between Earnings Surprises, Investors' Responses and Financial Leverage
Do you wish to request the book?
The Interaction between Earnings Surprises, Investors' Responses and Financial Leverage
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
The Interaction between Earnings Surprises, Investors' Responses and Financial Leverage
2025
Overview
This study examines the interplay between earnings surprises, investor's reactions, and financial leverage. A comprehensive dataset of publicly traded companies in the Egyptian stock exchange has been utilized. A sample of 52 companies during the period of 2019 till 2023 has been selected. The researcher analyzes how unexpected earnings influence investor's response and market behavior. The research findings reveal a positive relationship between earnings surprises and investor reactions, indicating that investors respond favorably to unexpected positive earnings. Furthermore, the researcher explores the role of financial leverage, specifically the debt-to-asset ratio, in strengthening this relationship. The results suggest that companies with higher financial leverage experience amplified investor reactions to earnings surprises. This research contributes to the understanding of how financial metrics and market expectations interact, providing valuable insights for investors and corporate financial managers.
Publisher
جامعة عين شمس - كلية التجارة - قسم المحاسبة والمراجعة
Subject
