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The Effect of Meeting Analyst Forecasts and Systematic Positive Forecast Errors on the Information Content of Unexpected Earnings
16 references·4 citing·40 second hop
The Effect of Meeting Analyst Forecasts and Systematic Positive Forecast Errors on the Information Content of Unexpected Earnings (2001)The Effect of Meeting Analyst Forecasts a…The rewards to meeting or beating earnings expectations (2002)The rewards to meeting or bea…Earnings Surprises, Growth Expectations, and Stock Returns: Don't Let an Earnings Torpedo Sink Your Portfolio (1999)Earnings Surprises, Growth Ex…The Conservatism Principle and the Asymmetric Timeliness of Earnings (1998)The Conservatism Principle an…Value-Relevance of Banks' Fair Value Disclosures under SFAS No. 107. (1996)Value-Relevance of Banks' Fai…To Warn or Not to Warn: Management Disclosures in the Face of an Earnings Surprise. (1995)To Warn or Not to Warn: Manag…The information content of losses (1995)The information content of lo…Price and return models (1995)Price and return modelsEarnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…Earnings Disclosures and Stockholder Lawsuits (1995)Earnings Disclosures and Stoc…Why Firms Voluntarily Disclose Bad News (1994)Why Firms Voluntarily Disclos…A Nonlinear Model of Security Price Responses to Unexpected Earnings (1992)A Nonlinear Model of Security…Financial Reporting, Supplemental Disclosures, and Bank Share Prices (1989)Financial Reporting, Suppleme…Cross-sectional variation in the stock market response to accounting earnings announcements (1989)Cross-sectional variation in …An analysis of intertemporal and cross-sectional determinants of earnings response coefficients (1989)An analysis of intertemporal …Earnings Innovations, Earnings Persistence, and Stock Returns (1987)Earnings Innovations, Earning…SOME ESTIMATES OF THE COST OF CAPITAL TO THE ELECTRIC UTILITY INDUSTRY, 1954-57 (1966)SOME ESTIMATES OF THE COST OF…The options market response to accounting earnings announcements (2012)The options market response t…Analyst vs. Market Forecasts of Earnings Management to Avoid Small Losses (2012)Analyst vs. Market Forecasts …The Dynamics of Earnings Forecast Management (2007)The Dynamics of Earnings Fore…Small negative surprises: frequency and consequence (2003)Small negative surprises: fre…The relationship between return and market value of common stocks (1981)Positive Accounting Theory (1985)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Corporate Environmental Disclosure Strategies: Determinants, Costs and Benefits (1999)Equity Valuation and Negative Earnings: The Role of Book Value of Equity (1999)Investor flows and the assessed performance of open-end mutual funds (1999)An Empirical Evaluation of Accounting Income Numbers (1968)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)The Financial Information Content of Perceived Quality (1994)Investor Information Demand: Evidence from Google Searches Around Earnings Announcements (2011)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Disclosure of Nonproprietary Information (1985)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)The Cross-Section of Expected Stock Returns (1992)Contrarian Investment, Extrapolation, and Risk (1994)Investor Psychology and Security Market Under‐ and Overreactions (1998)Arbitrage risk and the book-to-market anomaly (2003)What insiders know about future earnings and how they use it: Evidence from insider trades (2003)Does earnings guidance affect market returns? The nature and information content of aggregate earnings guidance (2006)An Intertemporal Capital Asset Pricing Model (1973)Earnings Asan Explanatory Variable for Returns (1991)Forecasting Profitability and Earnings (2000)Does Greater Firm‐Specific Return Variation Mean More or Less Informed Stock Pricing? (2003)Earnings Management During Import Relief Investigations (1991)Detecting Earnings Management. (1995)Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods (2008)Capital markets research in accounting (2001)Earnings Surprises, Growth Expectations, and Stock Returns or Don't Let an Earnings Torpedo Sink Your Portfolio (2002)A Tale of Two Assets: The Effects of Firm Reputation and Celebrity on Earnings Surprises and Investors' Reactions (2010)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Association between accounting performance measures and stock prices (1992)The implied cost of capital: A new approach (2011)
this work references cited by second hop

References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1994Why Firms Voluntarily Disclose Bad News2,435 cited
  • 1995The information content of losses2,315 cited
  • 2002The rewards to meeting or beating earnings expectations1,706 cited
  • 1989An analysis of intertemporal and cross-sectional determinants of earnings response coefficients1,685 cited
  • 1987Earnings Innovations, Earnings Persistence, and Stock Returns909 cited
  • 1995To Warn or Not to Warn: Management Disclosures in the Face of an Earnings Surprise.896 cited
  • 1989Cross-sectional variation in the stock market response to accounting earnings announcements816 cited
  • 1995Price and return models691 cited
  • 1999Earnings Surprises, Growth Expectations, and Stock Returns: Don't Let an Earnings Torpedo Sink Your Portfolio641 cited
  • 1966SOME ESTIMATES OF THE COST OF CAPITAL TO THE ELECTRIC UTILITY INDUSTRY, 1954-57588 cited
  • 1992A Nonlinear Model of Security Price Responses to Unexpected Earnings521 cited
  • 1998The Conservatism Principle and the Asymmetric Timeliness of Earnings458 cited
  • 1996Value-Relevance of Banks' Fair Value Disclosures under SFAS No. 107.449 cited
  • 1989Financial Reporting, Supplemental Disclosures, and Bank Share Prices

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383 cited
  • 1995Earnings Disclosures and Stockholder Lawsuits285 cited
  • Cited by

    • 2007The Dynamics of Earnings Forecast Management40 cited
    • 2012The options market response to accounting earnings announcements26 cited
    • 2003Small negative surprises: frequency and consequence22 cited
    • 2012Analyst vs. Market Forecasts of Earnings Management to Avoid Small Losses19 cited