Earnings response coefficient
In financial economics and accounting, the earnings response coefficient, or ERC, is the estimated relationship between equity returns and the unexpected portion of (i.e., new information in) companies' earnings announcements.
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Earnings response coefficient
In financial economics and accounting, the earnings response coefficient, or ERC, is the estimated relationship between equity returns and the unexpected portion of (i.e., new information in) companies' earnings announcements.
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In financial economics and acc ...... anies' earnings announcements.
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In financial economics and acc ...... anies' earnings announcements.
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Earnings response coefficient
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