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Does Regulation FD work? Evidence from analysts' reliance on public disclosure
16 references·16 citing·49 second hopsampled
Does Regulation FD work? Evidence from analysts' reliance on public disclosure (2011)Does Regulation FD work? Evidence from an…Do Managers Withhold Bad News? (2008)Do Managers Withhold Bad News?Expectations Management and Beatable Targets: How Do Analysts React to Explicit Earnings Guidance?* (2006)Expectations Management and B…Does earnings guidance affect market returns? The nature and information content of aggregate earnings guidance (2006)Does earnings guidance affect…Determinants of the informativeness of analyst research (2006)Determinants of the informati…Credibility of Management Forecasts (2005)Credibility of Management For…The timing and value of forecast and recommendation revisions (2004)The timing and value of forec…Information content of equity analyst reports (2004)Information content of equity…Conference calls and information asymmetry (2004)Conference calls and informat…Regulation FD and the Financial Information Environment: Early Evidence (2003)Regulation FD and the Financi…Regulation Fair Disclosure and Earnings Information: Market, Analyst, and Corporate Responses (2003)Regulation Fair Disclosure an…Open versus closed conference calls: the determinants and effects of broadening access to disclosure (2002)Open versus closed conference…Following the leader: (2001)Following the leader:A Temporal Analysis of Earnings Surprises: Profits versus Losses (2001)A Temporal Analysis of Earnin…The Relation Between a Prior Earnings Forecast by Management and Analyst Response to a Current Management Forecast. (1996)The Relation Between a Prior …An analysis of intertemporal and cross-sectional determinants of earnings response coefficients (1989)An analysis of intertemporal …Unsystematic Security Price Movements, Management Earnings Forecasts, and Revisions in Consensus Analyst Earnings Forecasts (1987)Unsystematic Security Price M…Information disclosure and ESG rating disagreement: Evidence from green bond issuance in China (2024)Information disclosure and ES…Do Analysts and Investors Efficiently Respond to Managerial Linguistic Complexity during Conference Calls? (2024)Do Analysts and Investors Eff…The impact of key audit matter reporting on analyst forecast accuracy and forecast dispersion: evidence from Chinese listed firms (2022)The impact of key audit matte…Does target firm insider trading signal the target's synergy potential in mergers and acquisitions? (2021)Does target firm insider trad…Do analysts’' forecast properties deter suboptimal labor investment decisions? Evidence from Regulation Fair Disclosure (2021)Do analysts’' forecast proper…Trading Prior to the Disclosure of Material Information: Evidence from Regulation Fair Disclosure Form 8‐Ks * (2020)Trading Prior to the Disclosu…Analysts to the rescue? (2019)Analysts to the rescue?When does comparability better enhance relevance? Policy implications from empirical evidence (2018)When does comparability bette…Analysts' Information Acquisition and Stock Price Synchronicity: A Regulatory Perspective from China (2018)Analysts' Information Acquisi…The effects of firms’ information environment on analysts’ herding behavior (2016)The effects of firms’ informa…Labor Market Mobility and Expectation Management: Evidence from Enforceability of Non-Compete Provisions (2016)Labor Market Mobility and Exp…In-Group Bias in Financial Markets (2016)In-Group Bias in Financial Ma…Asymmetric Effects of Regulation FD on Management Earnings Forecasts (2015)Asymmetric Effects of Regulat…Management Earnings Forecasts and Value of Analyst Forecast Revisions (2014)Management Earnings Forecasts…How Do Analysts Interpret Management Range Forecasts? (2014)How Do Analysts Interpret Man…The effect of Regulation FD on the properties of management earnings forecasts (2012)The effect of Regulation FD o…Why Firms Voluntarily Disclose Bad News (1994)The Economic Implications of Corporate Financial Reporting (2004)The economic implications of corporate financial reporting (2005)The impacts of product market competition on the quantity and quality of voluntary disclosures (2010)Management Forecast Quality and Capital Investment Decisions (2013)CEO Overconfidence and Management Forecasting (2015)Outside directors and CEO turnover (1988)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Opaque financial reports, R2, and crash risk☆ (2009)The financial reporting environment: Review of the recent literature (2010)Corporate tax avoidance and stock price crash risk: Firm-level analysis (2011)Dividend Policy, Growth, and the Valuation of Shares (1961)An Empirical Evaluation of Accounting Income Numbers (1968)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)Disclosure, Liquidity, and the Cost of Capital (1991)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Informational effects of regulation FD: evidence from rating agencies (2004)Evidence on the Information Content of Text in Analyst Reports (2014)Do Brokerage Analysts' Recommendations Have Investment Value? (1996)Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns (2001)Judgmental forecasting: A review of progress over the last 25years (2006)Externalities of public firm presence: Evidence from private firms' investment decisions (2013)Continuous Auctions and Insider Trading (1985)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)Industry costs of equity (1997)Deviations from Put-Call Parity and Stock Return Predictability (2010)Testing Asymmetric-Information Asset Pricing Models (2012)Linguistic Complexity in Firm Disclosures: Obfuscation or Information? (2014)Risk, Return, and Equilibrium: Empirical Tests (1973)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Cost Behavior and Analysts’ Earnings Forecasts (2010)The Effect of Mandatory IFRS Adoption on Financial Analysts’ Information Environment (2010)Analyst Information Discovery and Interpretation Roles: A Topic Modeling Approach (2017)Limited-dependent and qualitative variables in econometrics (1983)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)The Evolving Disclosure Landscape: How Changes in Technology, the Media, and Capital Markets Are Affecting Disclosure (2015)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)The Cross-Section of Expected Stock Returns (1992)Detecting Earnings Management. (1995)Measuring Securities Litigation Risk (2011)Corporate social responsibility and stock price crash risk (2014)The effect of institutional ownership on firm transparency and information production (2015)Earnings Surprises, Growth Expectations, and Stock Returns or Don't Let an Earnings Torpedo Sink Your Portfolio (2002)Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis (2003)A Tale of Two Assets: The Effects of Firm Reputation and Celebrity on Earnings Surprises and Investors' Reactions (2010)
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References

  • 2008Do Managers Withhold Bad News?2,191 cited
  • 1989An analysis of intertemporal and cross-sectional determinants of earnings response coefficients1,685 cited
  • 2004Information content of equity analyst reports926 cited
  • 2005Credibility of Management Forecasts914 cited
  • 2001A Temporal Analysis of Earnings Surprises: Profits versus Losses649 cited
  • 2006Determinants of the informativeness of analyst research631 cited
  • 2002Open versus closed conference calls: the determinants and effects of broadening access to disclosure531 cited
  • 2006Expectations Management and Beatable Targets: How Do Analysts React to Explicit Earnings Guidance?*508 cited
  • 2003Regulation FD and the Financial Information Environment: Early Evidence508 cited
  • 2004Conference calls and information asymmetry484 cited
  • 2003Regulation Fair Disclosure and Earnings Information: Market, Analyst, and Corporate Responses479 cited
  • 2006Does earnings guidance affect market returns? The nature and information content of aggregate earnings guidance435 cited
  • 2004The timing and value of forecast and recommendation revisions429 cited
  • 2001Following the leader:330 cited
  • 1996The Relation Between a Prior Earnings Forecast by Management and Analyst Response to a Current Management Forecast.

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299 cited
  • 1987Unsystematic Security Price Movements, Management Earnings Forecasts, and Revisions in Consensus Analyst Earnings Forecasts292 cited
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    • 2014How Do Analysts Interpret Management Range Forecasts?33 cited
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    • 2018Analysts' Information Acquisition and Stock Price Synchronicity: A Regulatory Perspective from China31 cited
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