The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Effects of Comprehensive-Income Characteristics on Nonprofessional Investors' Judgments: The Role of Financial-Statement Presentation Format
Abstract
Statement of Financial Accounting Standards (SFAS) No. 130 requires companies to report comprehensive income in a primary financial statement, but allows its presentation in either a statement of comprehensive income or a statement of stockholders' equity (Financial Accounting Standards Board [FASB] 1997). In an experiment, we examine whether and how alternative presentation formats affect nonprofessional investors' processing of comprehensive-income information, specifically, information disclosing the volatility of unrealized gains on available-for-sale marketable securities. The results show that nonprofessional investors' judgments of corporate and management performance reflect the volatility of comprehensive income only when it is presented in a statement of comprehensive income. We provide evidence consistent with our psychology-based framework that these findings occur because format affects how nonprofessional investors weight comprehensive-income information and not whether they acquire this information or how they evaluate it.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Fault trees: sensitivity of estimated failure probabilities to problem representation
Fischhoff, B., Slovic, P., & Lichtenstein, S. (1978) · Journal of Experimental Psychology: Human Perception and Performance · doi:10.1037/0096-1523.4.2.330 · Cited by 708
The dilution effect: Nondiagnostic information weakens the implications of diagnostic information
Nisbett, R. E., Zukier, H., & Lemley, R. E. (1981) · Cognitive Psychology · doi:10.1016/0010-0285(81)90010-4 · Cited by 605
Cited by
Investor psychology in capital markets: evidence and policy implications
Daniel, K., Hirshleifer, D., & Teoh, S. H. (2002) · Journal of Monetary Economics · doi:10.1016/s0304-3932(01)00091-5 · Cited by 759
Good Day Sunshine: Stock Returns and the Weather
Hirshleifer, D. A., & Shumway, T. (2001) · SSRN Electronic Journal · doi:10.2139/ssrn.265674 · Cited by 513
Evaluating Financial Reporting Quality: The Effects of Financial Expertise vs. Financial Literacy
McDaniel, L., Martin, R. D., & Maines, L. A. (2002) · The Accounting Review · doi:10.2308/accr.2002.77.s-1.139 · Cited by 377
Self-citationChristensen, B. E., Glover, S. M., & Wolfe, C. J. (2014) · AUDITING: A Journal of Practice & Theory · doi:10.2308/ajpt-50793 · Cited by 322
Reimsbach, D., Hahn, R., & Gürtürk, A. (2018) · European Accounting Review · doi:10.1080/09638180.2016.1273787 · Cited by 304
Metadata
- Authors
- Maines, L. A., & McDaniel, L. S.
- Venue
- The Accounting Review
- Publisher
- American Accounting Association
- Published
- 2000-04-01
- Volume
- 75
- Issue
- 2
- Pages
- 179-207
- ISSN
- 0001-4826 (ISSN-L)
- 1558-7967
- OpenAlex
- W3122373598
- Cited by
- 757
- References
- 2
- FWCI
- 41.36
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Effects of Comprehensive-Income Characteristics on Nonprofessional Investors' Judgments: The Role of Financial-Statement Presentation Format. https://app.cochat.ai/papers/10.2308/accr.2000.75.2.179
- The paper
- Maines, L. A., & McDaniel, L. S. (2000). Effects of Comprehensive-Income Characteristics on Nonprofessional Investors' Judgments: The Role of Financial-Statement Presentation Format. The Accounting Review. https://doi.org/10.2308/accr.2000.75.2.179
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
