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Information Externalities along the Supply Chain: The Economic Determinants of Suppliers’ Stock Price Reaction to Their Customers’ Earnings Announcements


  • Accepted by Jeffrey Callen. We gratefully acknowledge comments and suggestions made by two anonymous reviewers, Dick Dietrich (2010 CAR Conference discussant), Steve Salterio (Editor), Jeffrey Callen (Associate Editor), Bill Baber, Richard Frankel, Shane Heitzman, Ron King, Hai Lu, Claudine Mangen, Pervin Shroff, Senyo Tse, Jerry Zimmerman, and conference and workshop participants at the 2010 CAR Conference, American Accounting Association annual meeting, FARS Conference, George Washington University, University of Minnesota, and Washington University in St. Louis. We thank Anthony Meder for research assistance. Charles Wasley acknowledges the financial support provided by the Simon School at the University of Rochester.