To test whether accounting information and capital markets researchers examine:
A. The statements of shareholders about their decisions to sell shares
B. The relationship between unexpected earnings and share returns
C. The relationship between expected earnings and share returns
D. The relationship between shareholder expectations and share price
Answer:B
To test whether accounting information and capital markets researchers examine:
A. The statements of shareholders about their decisions to sell shares B. The relationship between unexpected earnings and share returns C. The relationship between expected earnings and share returns D. The relationship between shareholder expectations and share price