Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/8754
Title: The information content of earnings releases by global airlines
Authors: Gong, SXH 
Firth, M
Cullinane, K
Keywords: Airline finance
Earnings
Event study
Global airlines
Issue Date: 2006
Publisher: Elsevier Sci Ltd
Source: Journal of air transport management, 2006, v. 12, no. 2, p. 82-91 How to cite?
Journal: Journal of Air Transport Management 
Abstract: This paper provides a systematic assessment of the usefulness of earnings releases by global airlines. Utilizing a standard event study methodology, it is found that the sample as a whole does not possess significant information content. The information content of earnings is found to be related to the size of the releasing firm but no clear differences are detected for airlines from different accounting clusters. Several possible explanations are offered for the lack of strong earnings information content in the context of global airlines.
URI: http://hdl.handle.net/10397/8754
ISSN: 0969-6997
DOI: 10.1016/j.jairtraman.2006.01.001
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