Yangyang Chen, Jeffrey Ng, Emmanuel Ofosu, Xin Yang (2023) Tick Size and Earnings Guidance in Small-Cap Firms: Evidence from the SEC’s Tick Size Pilot Program. Management Science 70(8):5386-5407.
The authors appreciate the helpful comments of the Department Editor (Suraj Srinivasan), the Associate Editor, two anonymous reviewers, and seminar and conference participants at the Hong Kong Polytechnic University, Central University of Finance and Economics, Renmin University of China, and the 2020 Miami Rookie Camp. This paper was previously titled, “Informed Investors and Earnings Guidance: Evidence from SEC Tick Size Pilot Program.”
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