Momentum and Earnings Information in the Korean Stock Market

2021 ◽  
Author(s):  
YuSung Ha ◽  
Jangkoo Kang ◽  
SunYung Kim
Keyword(s):  
Stock Market ◽  
Earnings Information ◽  
Korean Stock Market

scholarly journals Do Financial Analysts Facilitate Investors’ Assessment Of Earnings?: Evidence From The Korean Stock Market

2016 ◽  
Vol 32 (5) ◽  
pp. 1465
Author(s):  
Sukyoon Jung ◽  
Yong-Seok Lee ◽  
Seong-jin Choi
Keyword(s):  
Stock Market ◽  
Stock Returns ◽  
Emerging Market ◽  
Financial Analysts ◽  
Analyst Following ◽  
Earnings Information ◽  
Information Intermediaries ◽  
Korean Stock Market

This paper seeks to enhance our understanding of financial analysts in assisting market investors’ use of accounting earnings in the Korean stock market. We examine whether stock returns differentially reflect earnings information for firms with analyst coverage. We propose that the role of analysts as external monitors as well as information intermediaries enhances the market investors’ valuation of earnings. We find that market valuation of earnings is higher for firms with analyst following. Furthermore, market investors’ valuation of earnings increases (or decreases) with the number of analysts (or with the dispersion of analysts’ forecasts). This suggests that the beneficial effect of analysts arises through the quantity and quality of analysts’ information. This study contributes to the literature by investigating the important role of analysts in emerging market.

Effect of Open Stock Market on Domestic Investors: The Korean Stock Market

2015 ◽  
Vol 6 (10) ◽  
pp. 1703-1706
Author(s):  
Yang-Kyu Shin
Keyword(s):  
Stock Market ◽  
Korean Stock Market

An Analysis of Macroeconomic Factors’ Impacts on Korean Stock Market by Industry

2019 ◽  
Vol 33 (4) ◽  
pp. 265-286
Author(s):  
Byoung Joon Kim ◽  
Keyword(s):  
Stock Market ◽  
Macroeconomic Factors ◽  
Korean Stock Market

Market Illiquidity and Momentum Profits: Evidence in the Korean Stock Market

2018 ◽  
Vol 33 (5) ◽  
pp. 129-156
Author(s):  
Ji－Min Hong ◽  
Yong－Ho Cheon
Keyword(s):  
Stock Market ◽  
Momentum Profits ◽  
Korean Stock Market

Revisiting the Profitability Premium in the Korean Stock Market

2020 ◽  
Vol 45 (2) ◽  
pp. 247-280
Author(s):  
Su Jeong Lee ◽  
Seunghwan Kim ◽  
Seunghee Yang
Keyword(s):  
Stock Market ◽  
Korean Stock Market ◽  
Profitability Premium

The Market Reaction to Internal Control Weakness by Investor Types－Evidence from the Korean Stock Market－

2017 ◽  
Vol 18 (2) ◽  
pp. 225-244
Author(s):  
Su Jeong Lee ◽  
Joonil Lee
Keyword(s):  
Stock Market ◽  
Internal Control ◽  
Market Reaction ◽  
Korean Stock Market

Rank Momentum Strategies in the Korean Stock Market

2018 ◽  
Vol 31 (1) ◽  
pp. 117-155
Author(s):  
Myounghwa Sim ◽  
Keyword(s):  
Stock Market ◽  
Momentum Strategies ◽  
Korean Stock Market
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