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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Scruggstyleon Apr 20, 2016 2:29am
190 Views
Post# 24787341

Timing of Earnings Release

Timing of Earnings Release

According to the article The Timing of Earnings Announcements: An Examination of the Strategic Disclosure Hypothesis, the more probable reasons to announce before the markets open (BMO) have more to do with the company being headquartered in the East, and/or management believing that the earnings results will be readily understood by the markets and not require substantial time to analyze or interpret.


 
https://www.researchgate.net/publication/228258367_The_Timing_of_Earnings_Announcements_An_Examination_of_the_Strategic_Disclosure_Hypothesis
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