The DOI matches its Crossref record; 46 of the 46 references it cites were found in a registry or an index.
Credibility of Management Forecasts
Open accessAbstract
We examine how the market's ability to assess the truthfulness of management earnings forecasts affects how managers bias their forecasts, and we evaluate whether the market's response to management forecasts is consistent with it identifying predictable forecast bias. We find managers' willingness to misrepresent their forwardlooking information as a function of their incentives varies with the market's ability to detect misrepresentation. We examine incentives induced by the litigation environment, insider trading activities, firm financial distress, and industry concentration. With regard to the stock price response to forecasts, we find the market varies its response with the predictable bias in the forecast. The efficiency of the market's response, however, varies with the forecast news.
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Cites
The Cross‐Section of Expected Stock Returns
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Ohlson, J. A. (1980) · Journal of Accounting Research · doi:10.2307/2490395 · Cited by 5,989
The conservatism principle and the asymmetric timeliness of earnings1
Basu, S. (1997) · Journal of Accounting and Economics · doi:10.1016/s0165-4101(97)00014-1 · Cited by 3,982
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Why Firms Voluntarily Disclose Bad News
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The financial reporting environment: Review of the recent literature
Beyer, A., Cohen, D. A., Lys, T. Z., & Walther, B. R. (2010) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2010.10.003 · Cited by 2,609
The effects of financial reporting and disclosure on corporate investment: A review
Roychowdhury, S., Shroff, N., & Verdi, R. S. (2019) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2019.101246 · Cited by 749
Internal control and management guidance
Feng, M., Li, C., & McVay, S. (2009) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2009.09.004 · Cited by 678
A plain English measure of financial reporting readability
Bonsall, S. B., Leone, A. J., Miller, B. P., & Rennekamp, K. (2017) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2017.03.002 · Cited by 624
Disclosure Tone and Shareholder Litigation
Rogers, J. L., Van Buskirk, A., & Zechman, S. L. C. (2011) · SSRN Electronic Journal · doi:10.2139/ssrn.1331608 · Cited by 592
Self-citation
Metadata
- Authors
- Rogers, J. L., & Stocken, P. C.
- Venue
- The Accounting Review
- Publisher
- American Accounting Association
- Published
- 2005-10-01
- Volume
- 80
- Issue
- 4
- Pages
- 1233-1260
- ISSN
- 0001-4826 (ISSN-L)
- 1558-7967
- OpenAlex
- W3124880432
- Cited by
- 909
- References
- 46
- FWCI
- 81.99
- Type
- journal article
- Language
- en
- Open access
- green
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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.
