EFFET DU TYPE DES INVESTISSEURS SUR LEURS REACTIONS SUITE AUX DIVULGATIONS INFORMATIONNELLES OBLIGATOIRES
EFFECT OF TYPE OF INVESTORS IN THEIR POST FOLLOWING DISCLOSURES INFORMATIONAL MANDATORY
Author(s): Zarai Mohamed Ali, Jaballah EmmaSubject(s): Economy
Published by: Editura Bibliotheca
Keywords: Mandatory disclosure; investors’ types; financial market reaction.
Summary/Abstract: The aim of this paper is to appreciate the effect of the investors’ types on their reactions’ after mandatory information’s disclosure. This study is done on a sample of 120 investors from 6 differents types on the Tunisian capital market during a period of 2 years from 2008 to 2009. Our results provide strong evidence about the effect of investors’ types on their market reactions’. In fact, investment decision depends especially on investors abilities and capacities to obtain and to understand disclosures.
Journal: Revue Européenne du Droit Social
- Issue Year: 2012
- Issue No: 3 (16)
- Page Range: 224-241
- Page Count: 17
- Language: French
