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The Reaction Of Analysts To Management Disclosures And Firm Characteristics: Conservatism And Corporate Governance

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Figure

Figure 1.  Timeline and variable measurement
Table 1.  Sample selection procedures
Table 3. Revision magnitude on conservatism (Full sample, Dependent variable = REACT)
Table 4.  Revision magnitude on conservatism (Good vs. Bad news disclosure) Good news disclosure (Dependent variable = REACT)
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