The Impact of Information Disclosed in Reports on the Stock Prices of the US Companies

Student: Chepikova Margarita

Faculty: Faculty of Economics, Management, and Business Informatics

Educational Programme: Finance (Master)

Year of Graduation: 2020

This study analyzes the impact of information disclosed in reports on the stock prices of the US companies. The study was carried out using regression, event and content analysis. The sample is presented by public companies included in the Dow Jones Index for the period from 2003 to 2017. It was found that information on the financial results of the company (information on the capital structure contained in 10-K reports) has a significant impact on the stock price and investor expectations. The sentiment of reports does not significantly affect the expectation of investors.

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