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Market reaction to non-GAAP earnings around SEC regulation
16 references·0 citing·38 second hopsampled
Market reaction to non-GAAP earnings around SEC regulation (2017)Market reaction to non-GAAP earnings arou…The Disclosure of Non-GAAP Earnings Information in the Presence of Transitory Gains (2013)The Disclosure of Non-GAAP Ea…Do managers define non-GAAP earnings to meet or beat analyst forecasts? (2013)Do managers define non-GAAP e…Non-GAAP earnings and board independence (2011)Non-GAAP earnings and board i…Investor Sentiment and Pro Forma Earnings Disclosures (2011)Investor Sentiment and Pro Fo…US Managers' Use of ‘Pro Forma’ Adjustments to Meet Strategic Earnings Targets (2009)US Managers' Use of ‘Pro Form…The impact of the SEC's regulation of non-GAAP disclosures (2008)The impact of the SEC's regul…SEC Scrutiny and the Evolution of Non-GAAP Reporting (2008)SEC Scrutiny and the Evolutio…Disagreement over the persistence of earnings components: evidence on the properties of management-specific adjustments to GAAP earnings (2007)Disagreement over the persist…SEC interventions and the frequency and usefulness of non-GAAP financial measures (2006)SEC interventions and the fre…Earnings Management Using Classification Shifting: An Examination of Core Earnings and Special Items (2006)Earnings Management Using Cla…Earnings Informativeness and Strategic Disclosure: An Empirical Examination of “Pro Forma” Earnings (2004)Earnings Informativeness and …Analysts’ treatment of nonrecurring items in street earnings (2004)Analysts’ treatment of nonrec…The Predictive Value of Expenses Excluded from Pro Forma Earnings (2003)The Predictive Value of Expen…Comparing the Value Relevance of Two Operating Income Measures (2003)Comparing the Value Relevance…Assessing the relative informativeness and permanence of pro forma earnings and GAAP operating earnings (2003)Assessing the relative inform…GAAP versus The Street: An Empirical Assessment of Two Alternative Definitions of Earnings (2002)GAAP versus The Street: An Em…Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)Detecting Earnings Management. (1995)Disclosure Tone and Shareholder Litigation (2011)Do CFOs Have Style? An Empirical Investigation of the Effect of Individual CFOs on Accounting Practices* (2011)Missing R&D (2015)Determinants of corporate borrowing (1977)Limited-dependent and qualitative variables in econometrics (1983)Industry costs of equity (1997)Emphasis on Pro Forma versus GAAP Earnings in Quarterly Press Releases: Determinants, SEC Intervention, and Market Reactions (2005)Do Firms Strategically Disseminate? Evidence from Corporate Use of Social Media (2017)Noise Trader Risk in Financial Markets (1990)The economic implications of corporate financial reporting (2005)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Firm life cycle, corporate risk‐taking and investor sentiment (2015)Non-GAAP Reporting: Evidence from Academia and Current Practice (2017)The green fog: Environmental rating disagreement and corporate greenwashing (2023)Changes in the value-relevance of earnings and book values over the past forty years (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Disentangling Managers’ and Analysts’ Non‐GAAP Reporting (2018)Common risk factors in the returns on stocks and bonds (1993)Earnings, Book Values, and Dividends in Equity Valuation* (1995)Performance matched discretionary accrual measures (2005)Managing Earnings Using Classification Shifting: Evidence from Quarterly Special Items (2010)Accounting earnings and cash flows as measures of firm performance (1994)Earnings management to avoid earnings decreases and losses (1997)Limited attention, information disclosure, and financial reporting (2003)Evolution in Value Relevance of Accounting Information (2017)Earnings Management through Real Activities Manipulation (2003)Accounting valuation, market expectation, and cross-sectional stock returns (1998)Who Trades on Pro Forma Earnings Information? (2007)An Empirical Evaluation of Accounting Income Numbers (1968)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Have Financial Statements Lost Their Relevance? (1999)Why Are Earnings Kinky? An Examination of the Earnings Management Explanation (2003)The Walk‐down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives* (2004)The economic consequences associated with integrated report quality: Capital market and real effects (2017)Going digital: implications for firm value and performance (2023)
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References

  • 2006Earnings Management Using Classification Shifting: An Examination of Core Earnings and Special Items825 cited
  • 2002GAAP versus The Street: An Empirical Assessment of Two Alternative Definitions of Earnings819 cited
  • 2003Assessing the relative informativeness and permanence of pro forma earnings and GAAP operating earnings557 cited
  • 2003The Predictive Value of Expenses Excluded from Pro Forma Earnings533 cited
  • 2004Earnings Informativeness and Strategic Disclosure: An Empirical Examination of “Pro Forma” Earnings456 cited
  • 2013Do managers define non-GAAP earnings to meet or beat analyst forecasts?382 cited
  • 2003Comparing the Value Relevance of Two Operating Income Measures310 cited
  • 2004Analysts’ treatment of nonrecurring items in street earnings305 cited
  • 2008SEC Scrutiny and the Evolution of Non-GAAP Reporting303 cited
  • 2011Investor Sentiment and Pro Forma Earnings Disclosures278 cited
  • 2008The impact of the SEC's regulation of non-GAAP disclosures253 cited
  • 2009US Managers' Use of ‘Pro Forma’ Adjustments to Meet Strategic Earnings Targets249 cited
  • 2011Non-GAAP earnings and board independence248 cited
  • 2013The Disclosure of Non-GAAP Earnings Information in the Presence of Transitory Gains210 cited

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2006
SEC interventions and the frequency and usefulness of non-GAAP financial measures
207 cited
  • 2007Disagreement over the persistence of earnings components: evidence on the properties of management-specific adjustments to GAAP earnings103 cited
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