SZodixStudyAcademic Library

Shelves Open access

Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated

Management earnings forecast disclosure policy and the cost of equity capital · Study

ArticleShelves

ArticleManagement earnings forecast disclosure policy and the cost of equity capital

Stephen P. Baginski2011

Article2011

Management earnings forecast disclosure policy and the cost of equity capital

Stephen P. Baginski · K.C. Rakow

121 citations·0/0 files stored·Review of Accounting Studies

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Auditing, Earnings Management, Governance Financial Markets and Investment Strategies Corporate Finance and Governance

Abstract

No abstract was published for this record.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 121 citations exist upstream.

References

2001Econometric Analysis of Cross Section and Panel Data 1993Common risk factors in the returns on stocks and bonds 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*1992The Cross-Section of Expected Stock Returns 1965The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature 1975THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.]

Related works

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

2008Does Information Risk Really Matter? An Analysis of the Determinants and Economic Consequences of Financial Reporting Qualityarticle · 30 shared references 2015A Re-Examination of the Cost of Capital Benefits from Higher-Quality Disclosuresarticle · 27 shared references 2013Some personal observations on the debate on the link between financial reporting quality and the cost of equity capitalarticle · 27 shared references 2015Commitment and Cost of Equity Capital: An Examination of Timely Balance Sheet Disclosure in Earnings Announcementsarticle · 27 shared references 2010The effect of management earnings forecast characteristics on cost of equity capitalarticle · 26 shared references 2011Capital Market Implications of Corporate Disclosure: German Evidencearticle · 26 shared references

Details

Year2011

Typearticle

Published2011-12-12

VenueReview of Accounting Studies

ISSN-L1380-6653

Languageen

Citations121

Files0 public / 0

ShelfAuditing, Earnings Management, Governance

Identifiers

doi10.1007/s11142-011-9173-4

openalex_workW2005644286

Links

Imported from OpenAlex (CC0) — nothing here is generated.

1986

Asset pricing and the bid-ask spread

Cited by

2014Management Forecasts and the Cost of Equity Capital: International Evidence 2018Linguistic Information Quality in Customers' Forward‐Looking Disclosures and Suppliers' Investment Decisions 2022Earnings forecasts of female CEOs: quality and consequences 2013Do Declines in Bank Health Affect Borrowers’ Voluntary Disclosures? Evidence from International Propagation of Banking Shocks 2014Bank loan spread and private information: pending approval patents 2013Cost of Capital Free-Riders 2011Evaluating Implied Cost of Capital Estimates 2019Corporate Financial Disclosure Measurement in the Empirical Accounting Literature: A Review Article