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Loss firms’ annual report narratives and share price anticipation of earnings
16 references·16 citing·44 second hopsampled
Loss firms’ annual report narratives and share price anticipation of earnings (2007)Loss firms’ annual report narratives and …Why Do Managers Explain Their Earnings Forecasts? (2004)Why Do Managers Explain Their…The Role of Supplementary Statements with Management Earnings Forecasts (2003)The Role of Supplementary Sta…Financial reporting of good news and bad news: evidence from accounting narratives (2003)Financial reporting of good n…Corporate Disclosure Policy and the Informativeness of Stock Prices (2002)Corporate Disclosure Policy a…Bringing the Future Forward: The Effect of Disclosure on the Returns‐Earnings Relation (2002)Bringing the Future Forward: …The chairman’s statement ‐ A content analysis of discretionary narrative disclosures (2000)The chairman’s statement ‐ A …MD&A Quality as Measured by the SEC and Analysts' Earnings Forecasts* (1999)MD&A Quality as Measured by t…Evidence That Management Discussion and Analysis (MD&A) is a Part of a Firm's Overall Disclosure Package* (1999)Evidence That Management Disc…Disclosure level and the cost of equity capital. (1997)Disclosure level and the cost…THE INFORMATION CONTENT OF THE PRESIDENT'S LETTER TO SHAREHOLDERS (1996)THE INFORMATION CONTENT OF TH…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…The Voluntary Inclusion of Forecasts in the MD&A Section of Annual Reports* (1994)The Voluntary Inclusion of Fo…Lack of timeliness and noise as explanations for the low contemporaneuos return-earnings association (1994)Lack of timeliness and noise …Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Cross-Sectional Determinants …Information in prices about future earnings (1992)Information in prices about f…The impact of introducing new regulations on the quality of CSR reporting: Evidence from the UK (2021)The impact of introducing new…A review on textual analysis of corporate disclosure according to the evolution of different automated methods (2020)A review on textual analysis …Corporate Financial Disclosure Measurement in the Empirical Accounting Literature: A Review Article (2019)Corporate Financial Disclosur…Gender diversity on boards and forward-looking information disclosure: evidence from Jordan (2018)Gender diversity on boards an…Do forward-looking narratives affect investors’ valuation of UK FTSE all-shares firms? (2018)Do forward-looking narratives…The effect of CEOs’ characteristics on forward-looking information (2017)The effect of CEOs’ character…The value relevance of risk disclosure in annual reports: Evidence from MENA emerging markets (2015)The value relevance of risk d…Dividends, Research and Development Expenditures, and the Value Relevance of Book Value for UK Loss-Making Firms (2012)Dividends, Research and Devel…Accruals quality vis-à-vis disclosure quality: Substitutes or complements? (2012)Accruals quality vis-à-vis di…The relation of intellectual capital disclosure strategies and market value in two political settings (2011)The relation of intellectual …Future‐oriented narrative reporting: determinants and use (2011)Future‐oriented narrative rep…Effect of international financial reporting standards on financial information quality (2011)Effect of international finan…Do Customer Acquisition Cost, Retention and Usage Matter to Firm Performance and Valuation? (2011)Do Customer Acquisition Cost,…The importance of corporate environmental reputation to investors (2010)The importance of corporate e…Financial performance explanations and institutional setting (2010)Financial performance explana…The impact of audit quality on earnings predictability (2009)The impact of audit quality o…Coefficient Alpha and the Internal Structure of Tests (1951)Disclosure, Liquidity, and the Cost of Capital (1991)The Cross-Section of Expected Stock Returns (1992)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)The Measurement of Meaning (1957)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Content Analysis: An Introduction to its Methodology. (1984)Research Methods in Accounting (2003)Legitimizing Negative Aspects in GRI-Oriented Sustainability Reporting: A Qualitative Analysis of Corporate Disclosure Strategies (2013)Earnings, Book Values, and Dividends in Equity Valuation* (1995)Firm‐level Disclosures and the Relative Roles of Culture and Legal Origin (2003)Business sustainability performance and cost of equity capital (2015)The economic consequences associated with integrated report quality: Capital market and real effects (2017)An Empirical Evaluation of Accounting Income Numbers (1968)Risk, Return, and Equilibrium: Empirical Tests (1973)Positive Accounting Theory (1985)International Differences in the Timeliness, Conservatism, and Classification of Earnings (1999)Product Market Competition, Insider Trading, and Stock Market Efficiency (2010)The implied cost of capital: A new approach (2011)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Why Firms Voluntarily Disclose Bad News (1994)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Basic Content Analysis (1990)The case for motivated reasoning. (1990)The effect of audit committee shareholding, financial expertise and size on interim financial disclosures (2005)Content analysis in environmental reporting research: Enrichment and rehearsal of the method in a British–German context (2010)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Italian annual intellectual capital disclosure (2003)Transparency, Price Informativeness, and Stock Return Synchronicity: Theory and Evidence (2010)The informational contribution of social and environmental disclosures for investors (2011)Discretionary disclosure (1983)Outside directors and CEO turnover (1988)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)The Role of Dissemination in Market Liquidity: Evidence from Firms' Use of Twitter™ (2013)Voluntary environmental disclosure quality and firm value: Further evidence (2015)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)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)
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References

  • 1997Disclosure level and the cost of equity capital.3,577 cited
  • 1993Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures2,643 cited
  • 1995The information content of losses2,315 cited
  • 1995To Warn or Not to Warn: Management Disclosures in the Face of an Earnings Surprise.896 cited
  • 2003The Role of Supplementary Statements with Management Earnings Forecasts683 cited
  • 2002Bringing the Future Forward: The Effect of Disclosure on the Returns‐Earnings Relation480 cited
  • 1994Lack of timeliness and noise as explanations for the low contemporaneuos return-earnings association471 cited
  • 2003Financial reporting of good news and bad news: evidence from accounting narratives470 cited
  • 2000The chairman’s statement ‐ A content analysis of discretionary narrative disclosures462 cited
  • 2002Corporate Disclosure Policy and the Informativeness of Stock Prices398 cited
  • 1992Information in prices about future earnings370 cited
  • 2004Why Do Managers Explain Their Earnings Forecasts?348 cited
  • 1996THE INFORMATION CONTENT OF THE PRESIDENT'S LETTER TO SHAREHOLDERS340 cited
  • 1999MD&A Quality as Measured by the SEC and Analysts' Earnings Forecasts*265 cited
  • 1994The Voluntary Inclusion of Forecasts in the MD&A Section of Annual Reports*

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249 cited
  • 1999Evidence That Management Discussion and Analysis (MD&A) is a Part of a Firm's Overall Disclosure Package*229 cited
  • Cited by

    • 2015The value relevance of risk disclosure in annual reports: Evidence from MENA emerging markets111 cited
    • 2010The importance of corporate environmental reputation to investors92 cited
    • 2011Future‐oriented narrative reporting: determinants and use91 cited
    • 2018Do forward-looking narratives affect investors’ valuation of UK FTSE all-shares firms?77 cited
    • 2009The impact of audit quality on earnings predictability76 cited
    • 2019Corporate Financial Disclosure Measurement in the Empirical Accounting Literature: A Review Article75 cited
    • 2012Accruals quality vis-à-vis disclosure quality: Substitutes or complements?67 cited
    • 2021The impact of introducing new regulations on the quality of CSR reporting: Evidence from the UK65 cited
    • 2018Gender diversity on boards and forward-looking information disclosure: evidence from Jordan61 cited
    • 2011The relation of intellectual capital disclosure strategies and market value in two political settings58 cited
    • 2020A review on textual analysis of corporate disclosure according to the evolution of different automated methods52 cited
    • 2012Dividends, Research and Development Expenditures, and the Value Relevance of Book Value for UK Loss-Making Firms52 cited
    • 2010Financial performance explanations and institutional setting49 cited
    • 2011Effect of international financial reporting standards on financial information quality48 cited
    • 2017The effect of CEOs’ characteristics on forward-looking information48 cited
    • 2011Do Customer Acquisition Cost, Retention and Usage Matter to Firm Performance and Valuation?42 cited