, deterring many companies from becoming ones. The dispersion of authority and supervision among several agencies and under several laws causes duplication of work, a lack of coherence and continuity. Besides
the investor is unsure what to do and therefore spreads the portfolio and income across the available options. The very small standard error shows that the benefit of the more tax-efficient portfolio
obtained from dispersion of analysts’ forecasts (Gebhardt et al., 2001; Gode and 21 of (ex post) future twenty quarters’ (five years) percentage changes in quarterly earnings per share. A quarterly EPS
. https://doi.org/10.1093/qje/qjr049 ALLEE, K. D., & DEANGELIS, M. D. (2015). The Structure of Voluntary Disclosure Narratives: Evidence from Tone Dispersion. Journal of Accounting Research, 53(2), 241–274
PROSPECTUS CHANEL CERES PLC (incorporated with limited liability in England and Wales) EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.726 per cent. and EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2031 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.400 per cent. The EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 (the "2026 Notes") and the EUR300,...