---
title: Management Guidance
url: https://www.ml-quant.com/papers/ssrn/4916490/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4916490
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4916490
featured: 2024-08-07
citations: unknown
topic: Derivatives & Volatility
---


# Management Guidance

The research investigates the impact of management earnings guidance on market responses to earnings announcements in China, revealing that guidance increases trading volume but also raises bid-ask spreads and return volatility, especially for smaller, less visible firms.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4916490
- Identifier: SSRN 4916490
- Released: 2024-08-05
- First featured: Quant Letter No. 60 (2024-08-07): https://www.ml-quant.com/issues/2024-08-07/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

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