Originality/Value – The evidence about long-term share price reaction to financial restatements is missing in prior research. The relationship between long-term and short-term share price reaction to financial restatements fails to suggest systematic over/underreaction by the market.
Gondhalekar, V., Joshi, M. and McKendall, M. (2012), "Short- and Long-Term Share Price Reaction to Announcements of Financial Restatements", Ferris, S.P., John, K. and Makhija, A.K. (Ed.) Advances in Financial Economics (Advances in Financial Economics, Vol. 15), Emerald Group Publishing Limited, Bingley, pp. 149-172. https://doi.org/10.1108/S1569-3732(2012)0000015008
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