Josef Fink's comprehensive review "A review of the Post-Earnings-Announcement Drift" has been published in the Journal of Behavioral and Experimental Finance. In this paper, Josef summarizes the literature around this most prominent of mispricing phenomena. He concludes that - while there is evidence for a number of different factors - an all-encompassing explanation remains out of sight.
Der Link zum Paper lautet: https://doi.org/10.1016/j.jbef.2020.100446