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Managerial Learning from Analyst Feedback to Voluntary Capex Guidance, Investment Efficiency, and Firm Performance
16 references·6 citing·34 second hop
Managerial Learning from Analyst Feedback to Voluntary Capex Guidance, Investment Efficiency, and Firm Performance (2021)Managerial Learning from Analyst Feedback…When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)When Is a Liability Not a Lia…Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (2011)Financial Reporting Quality a…The financial reporting environment: Review of the recent literature (2010)The financial reporting envir…The Effect of Annual Report Readability on Analyst Following and the Properties of Their Earnings Forecasts (2010)The Effect of Annual Report R…How does financial reporting quality relate to investment efficiency? (2009)How does financial reporting …Price Informativeness and Investment Sensitivity to Stock Price (2006)Price Informativeness and Inv…Over-investment of free cash flow (2006)Over-investment of free cash …The economic implications of corporate financial reporting (2005)The economic implications of …Performance matched discretionary accrual measures (2005)Performance matched discretio…Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Enjoying the Quiet Life? Corp…Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts (2003)Analyzing the Analysts: Caree…Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Information asymmetry, corpor…Security Analysts' Career Concerns and Herding of Earnings Forecasts (2000)Security Analysts' Career Con…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…Determinants of corporate borrowing (1977)Determinants of corporate bor…Artificial intelligence and corporate investment efficiency: Evidence from China (2025)Artificial intelligence and c…The Role of Capital Expenditure Forecasts in Debt Contracting (2024)The Role of Capital Expenditu…The moderating effects of corporate governance and investment efficiency on the nexus between financial flexibility and firm performance (2023)The moderating effects of cor…Investor relations and investment efficiency (2023)Investor relations and invest…Institutional investor horizons, ownership structure and investment efficiency in China (2023)Institutional investor horizo…Analyst Coverage Networks and Corporate Financial Policies (2023)Analyst Coverage Networks and…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Capital Structure Puzzle (1984)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firms, Contracts, and Financial Structure (1995)Tobin's q, Corporate Diversification, and Firm Performance (1994)Diversification's effect on firm value (1995)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)What Matters in Corporate Governance? (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)In Search of Attention (2011)Text as Data: The Promise and Pitfalls of Automatic Content Analysis Methods for Political Texts (2013)Textual Analysis in Accounting and Finance: A Survey (2016)Earnings Management During Import Relief Investigations (1991)The theory and practice of corporate finance: evidence from the field (2001)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Experimental and Quasi-Experimental Designs for Research (1963)A review of archival auditing research (2014)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Time to Build and Aggregate Fluctuations (1982)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Impact of Uncertainty Shocks (2009)Government intervention and investment efficiency: Evidence from China (2010)A review of tax research (2010)
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References

  • 1977Determinants of corporate borrowing13,160 cited
  • 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature7,391 cited
  • 2005Performance matched discretionary accrual measures6,963 cited
  • 2005The economic implications of corporate financial reporting6,337 cited
  • 2011When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks6,003 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 2009How does financial reporting quality relate to investment efficiency?3,211 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 2010The financial reporting environment: Review of the recent literature2,622 cited
  • 2006Price Informativeness and Investment Sensitivity to Stock Price1,492 cited
  • 2003Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts1,471 cited
  • 2011Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets1,260 cited
  • 2010The Effect of Annual Report Readability on Analyst Following and the Properties of Their Earnings Forecasts

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1,169 cited
  • 2000Security Analysts' Career Concerns and Herding of Earnings Forecasts1,152 cited
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    • 2023Institutional investor horizons, ownership structure and investment efficiency in China28 cited
    • 2025Artificial intelligence and corporate investment efficiency: Evidence from China28 cited
    • 2024The Role of Capital Expenditure Forecasts in Debt Contracting19 cited