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An earnings prediction approach to examining intercompany information transfers
7 references·16 citing·48 second hop
An earnings prediction approach to examining intercompany information transfers (1992)An earnings prediction approach to examin…EARNINGS RELEASES, ANOMALIES, AND THE BEHAVIOR OF SECURITY RETURNS (2001)EARNINGS RELEASES, ANOMALIES,…Unexpected Earnings and Intraindustry Information Transfers: Further Evidence (1990)Unexpected Earnings and Intra…Evidence that stock prices do not fully reflect the implications of current earnings for future earnings (1990)Evidence that stock prices do…The Multiperiod Information Content of Accounting Earnings: Confirmations and Contradictions of Previous Earnings Reports (1989)The Multiperiod Information C…Managers' earnings forecasts and intra-industry information transfers (1989)Managers' earnings forecasts …Earnings Releases, Anomalies, and the Behavior of Security Returns. (1984)Earnings Releases, Anomalies,…Intra-industry information transfers associated with earnings releases (1981)Intra-industry information tr…By What Criteria Do We Evaluate Accounting? Some Thoughts on Economic Welfare and the Archival Literature (2023)By What Criteria Do We Evalua…The Dark Side of Low Financial Reporting Frequency: Investors' Reliance on Alternative Sources of Earnings News and Excessive Information Spillovers (2020)The Dark Side of Low Financia…Intra-industry information transfers: evidence from changes in implied volatility around earnings announcements (2019)Intra-industry information tr…The BP Oil Spill: Shareholder Wealth Effects and Environmental Disclosures (2017)The BP Oil Spill: Shareholder…Information Transfer and Conference Calls (2016)Information Transfer and Conf…Earnings Management: Do Firms Play “Follow the Leader”? (2015)Earnings Management: Do Firms…Does the market overweight imprecise information? Evidence from customer earnings announcements (2014)Does the market overweight im…Financial Misrepresentation and Its Impact on Rivals (2011)Financial Misrepresentation a…Board Interlocks and Earnings Management Contagion (2010)Board Interlocks and Earnings…Within-industry timing of earnings warnings: do managers herd? (2009)Within-industry timing of ear…Information, Trading, and Product Market Interactions: Cross‐sectional Implications of Informed Trading (2008)Information, Trading, and Pro…Effects of database choice on international accounting research (2006)Effects of database choice on…The North American Industry Classification System and Its Implications for Accounting Research* (2003)The North American Industry C…Market assessment of industry and firm earnings information (1997)Market assessment of industry…INTRA‐INDUSTRY EFFECTS OF BOND RATING ADJUSTMENTS (1997)INTRA‐INDUSTRY EFFECTS OF BON…Differences between COMPUSTAT and CRSP SIC codes and related effects on research (1994)Differences between COMPUSTAT…Anomalies in relationships between securities' yields and yield-surrogates (1978)The information content of security prices (1980)The relationship between return and market value of common stocks (1981)Trading Volume, Information Asymmetry, and Timing Information (2005)Short and Long Horizon Behavioral Factors (2017)An Augmented q -Factor Model with Expected Growth (2020)An Empirical Evaluation of Accounting Income Numbers (1968)The Information Content of Annual Earnings Announcements (1968)Estimating betas from nonsynchronous data (1977)Security analyst superiority relative to univariate time-series models in forecasting quarterly earnings (1987)Testing Asymmetric-Information Asset Pricing Models (2012)Using and Interpreting Fixed Effects Models (2023)Intraindustry Information Transfers Associated with Management Forecasts of Earnings (1987)Shedding light on causation between ISO 9001 and improved business performance (2008)Using Industry Classification Codes to Sample High-Technology Firms: Analysis and Recommendations (2009)A survey of shipping finance research: Setting the future research agenda (2018)Editor's Choice Digesting Anomalies: An Investment ApproachRisk, Return, and Equilibrium: Empirical Tests (1973)Mean reversion in stock prices (1988)Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium? (1989)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Investor Psychology and Asset Pricing (2001)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Discretionary disclosure (1983)Disclosure of Nonproprietary Information (1985)Intragroup Propping: Evidence from the Stock-Price Effects of Earnings Announcements by Korean Business Groups (2008)Overreaction to Intra‐industry Information Transfers? (2008)Earnings Innovations, Earnings Persistence, and Stock Returns (1987)Financial statement analysis and the prediction of stock returns (1989)The earnings-price anomaly (1992)Investors' Trade Size and Trading Responses around Earnings Announcements: An Empirical Investigation (2001)The Extreme Future Stock Returns Following I/B/E/S Earnings Surprises (2006)Market and Industry Factors in Stock Price Behavior (1966)Information, Analysts, and Stock Return Comovement (2015)Positive Accounting Theory (1985)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Corporate anti-corruption disclosure (2017)Corporate scandals and the reliability of ESG assessments: evidence from an international sample (2017)The relationship between environmental performance and environmental disclosure: A meta‐analysis (2020)The General Theory of Employment, Interest and Money. (1936)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Contagion of accounting methods: evidence from stock option expensing (2010)Manager-Specific Effects on Earnings Guidance: An Analysis of Top Executive Turnovers (2011)Social Networks Analysis in Accounting and Finance (2019)Accounting anomalies and fundamental analysis: A review of recent research advances (2010)Complicated firms (2011)
this work references cited by second hop

References

  • 1990Evidence that stock prices do not fully reflect the implications of current earnings for future earnings2,010 cited
  • 1981Intra-industry information transfers associated with earnings releases592 cited
  • 1984Earnings Releases, Anomalies, and the Behavior of Security Returns.552 cited
  • 2001EARNINGS RELEASES, ANOMALIES, AND THE BEHAVIOR OF SECURITY RETURNS512 cited
  • 1989The Multiperiod Information Content of Accounting Earnings: Confirmations and Contradictions of Previous Earnings Reports229 cited
  • 1989Managers' earnings forecasts and intra-industry information transfers183 cited
  • 1990Unexpected Earnings and Intraindustry Information Transfers: Further Evidence168 cited

Cited by

  • 1994Differences between COMPUSTAT and CRSP SIC codes and related effects on research161 cited
  • 2009Within-industry timing of earnings warnings: do managers herd?120 cited
  • 2017The BP Oil Spill: Shareholder Wealth Effects and Environmental Disclosures116 cited
  • 2008Information, Trading, and Product Market Interactions: Cross‐sectional Implications of Informed Trading100 cited
  • 2016Information Transfer and Conference Calls93 cited
  • 2015Earnings Management: Do Firms Play “Follow the Leader”?80 cited
  • 2010Board Interlocks and Earnings Management Contagion

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75 cited
  • 2003The North American Industry Classification System and Its Implications for Accounting Research*69 cited
  • 2019Intra-industry information transfers: evidence from changes in implied volatility around earnings announcements61 cited
  • 2023By What Criteria Do We Evaluate Accounting? Some Thoughts on Economic Welfare and the Archival Literature60 cited
  • 1997Market assessment of industry and firm earnings information59 cited
  • 1997INTRA‐INDUSTRY EFFECTS OF BOND RATING ADJUSTMENTS55 cited
  • 2011Financial Misrepresentation and Its Impact on Rivals54 cited
  • 2006Effects of database choice on international accounting research54 cited
  • 2014Does the market overweight imprecise information? Evidence from customer earnings announcements53 cited
  • 2020The Dark Side of Low Financial Reporting Frequency: Investors' Reliance on Alternative Sources of Earnings News and Excessive Information Spillovers48 cited