Investors’ behavior to earnings announcement during the COVID-19 pandemic: Evidence from Cambodia

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dc.creatorM. Ma’aji, Muhammad
dc.creatorLee, Siang Hi
dc.date2021-12-01
dc.date.accessioned2025-11-26T13:08:56Z
dc.descriptionThis study investigates the reaction of investors to annual earnings releases as reflected in the share price movements of common stocks and volume of trade during the COVID-19 pandemic. Event methodology is employed, and the returns in an event window, defined conventionally as the days before to days after a firm-specific public earnings announcement, are not abnormal. We provide an apparent example where investors did not react to firm-specific positive earnings announcements. This could be influenced by the government in response to COVID-19 as we have seen governments and central banks worldwide quickly enacted sweeping and sizable fiscal and monetary stimulus measures to limit the human and economic impact of the COVID-19 pandemic. These actions during an economic downturn or crisis have helped to stabilize the economy and increase confidence in the market.en-US
dc.formatapplication/pdf
dc.identifierhttps://jafess.com/index.php/home/article/view/42
dc.identifier10.62458/jafess.160224.6(2)41-50
dc.identifier.urihttps://cam-ed-oar.com/handle/123456789/20
dc.languageeng
dc.publisherCamEd Business Schoolen-US
dc.relationhttps://jafess.com/index.php/home/article/view/42/32
dc.rightshttps://creativecommons.org/licenses/by/4.0en-US
dc.sourceJournal of Accounting, Finance, Economics, and Social Sciences; Vol. 6 No. 2 (2021); 41-50en-US
dc.source2708-6178
dc.source2708-616X
dc.subjectEvent studyen-US
dc.subjectinformation and market efficiencyen-US
dc.subjectcorporate earnings announcementen-US
dc.subjectCOVID-19en-US
dc.subjectCambodia marketen-US
dc.titleInvestors’ behavior to earnings announcement during the COVID-19 pandemic: Evidence from Cambodiaen-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion

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