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The Effect of Issuing Biased Earnings Forecasts on Analysts' Access to Management and Survival
16 references·16 citing·44 second hopsampled
The Effect of Issuing Biased Earnings Forecasts on Analysts' Access to Management and Survival (2006)The Effect of Issuing Biased Earnings For…Which types of analyst firms are more optimistic? (2006)Which types of analyst firms …The Walk‐down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives* (2004)The Walk‐down to Beatable Ana…Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts (2003)Analyzing the Analysts: Caree…The rewards to meeting or beating earnings expectations (2002)The rewards to meeting or bea…Management's Incentives to Avoid Negative Earnings Surprises (2002)Management's Incentives to Av…Rationality and Analysts' Forecast Bias (2001)Rationality and Analysts' For…Security Analysts' Career Concerns and Herding of Earnings Forecasts (2000)Security Analysts' Career Con…CEO stock option awards and the timing of corporate voluntary disclosures (2000)CEO stock option awards and t…Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)Conflict of Interest and the …Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter? (1999)Analyst forecast accuracy: Do…Underwriting relationships, analysts' earnings forecasts and investment recommendations (1998)Underwriting relationships, a…Earnings predictability and bias in analysts' earnings forecasts. (1998)Earnings predictability and b…Do Security Analysts Improve Their Performance with Experience? (1997)Do Security Analysts Improve …The Effect of Investment Banking Relationships on Financial Analysts' Earnings Forecasts and Investment Recommendations* (1995)The Effect of Investment Bank…Analysts' Decisions As Products of a Multi-Task Environment (1993)Analysts' Decisions As Produc…Reputation and Performance Among Security Analysts (1992)Reputation and Performance Am…Behavioral Economics of Accounting: A Review of Archival Research on Individual Decision Makers (2021)Behavioral Economics of Accou…Terrorist Attacks, Analyst Sentiment, and Earnings Forecasts (2020)Terrorist Attacks, Analyst Se…Information Dissemination through Embedded Financial Analysts: Evidence from China (2019)Information Dissemination thr…What Do Employees Know? Evidence from a Social Media Platform (2018)What Do Employees Know? Evide…Analyst Career Concerns, Effort Allocation, and Firms’ Information Environment (2018)Analyst Career Concerns, Effo…Managing the Narrative: Investor Relations Officers and Corporate Disclosure (2017)Managing the Narrative: Inves…Before an Analyst Becomes an Analyst: Does Industry Experience Matter? (2016)Before an Analyst Becomes an …Analysts’ Forecasts and Asset Pricing: A Survey (2016)Analysts’ Forecasts and Asset…The Effect of China's Weak Institutional Environment on the Quality of Big 4 Audits (2014)The Effect of China's Weak In…Using earnings conference calls to identify analysts with superior private information (2012)Using earnings conference cal…Analyst Forecast Consistency (2012)Analyst Forecast ConsistencyInvestor Sentiment and Analysts' Earnings Forecast Errors (2011)Investor Sentiment and Analys…Is silence golden? An empirical analysis of firms that stop giving quarterly earnings guidance (2010)Is silence golden? An empiric…Are analysts’ earnings forecasts more accurate when accompanied by cash flow forecasts? (2009)Are analysts’ earnings foreca…Hiring Cheerleaders: Board Appointments of "Independent" Directors (2008)Hiring Cheerleaders: Board Ap…Is Silence Golden? An Empirical Analysis of Firms that Stop Giving Quarterly Earnings Guidance (2006)Is Silence Golden? An Empiric…Positive Accounting Theory (1985)The effect of bonus schemes on accounting decisions (1985)Performance Pay and Top-Management Incentives (1990)Credibility of Management Forecasts (2005)Founding Family Ownership and Earnings Quality (2006)Why do corporate managers misstate financial statements? The role of option compensation and other factors (2007)Signalling by underpricing in the IPO market (1989)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Individual differences in reasoning: Implications for the rationality debate? (2000)Representativeness Revisited: Attribute Substitution in Intuitive Judgment (2002)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)The Long‐Run Performance of initial Public Offerings (1991)Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking (1993)Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Herd Behavior in Financial Markets (2000)Stock price reaction to news and no-news: drift and reversal after headlines (2003)Analyzing the Analysts: When Do Recommendations Add Value? (2004)Earnings Management During Import Relief Investigations (1991)Debt covenant violation and manipulation of accruals (1994)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)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)Detecting Earnings Management (2012)Risk, Return, and Equilibrium: Empirical Tests (1973)Corporate performance and managerial remuneration (1985)Using daily stock returns (1985)Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis (2003)Information content of equity analyst reports (2004)The Geography of Equity Analysis (2005)Agency Problems and the Theory of the Firm (1980)Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence (1991)Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization (2004)The impact of corporate social responsibility on investment recommendations: Analysts' perceptions and shifting institutional logics (2014)An Empirical Evaluation of Accounting Income Numbers (1968)Detecting Earnings Management. (1995)The economic implications of corporate financial reporting (2005)Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods (2008)Capital markets research in accounting (2001)The Influence of Analysts, Institutional Investors, and Insiders on the Incorporation of Market, Industry, and Firm-Specific Information into Stock Prices (2004)Inside the 'Black Box' of Sell-Side Financial Analysts (2013)Good Day Sunshine: Stock Returns and the Weather (2003)Why Has IPO Underpricing Changed Over Time (2004)Who Blows the Whistle on Corporate Fraud? (2010)Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility (2011)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 2002The rewards to meeting or beating earnings expectations1,706 cited
  • 2002Management's Incentives to Avoid Negative Earnings Surprises1,615 cited
  • 1999Conflict of Interest and the Credibility of Underwriter Analyst Recommendations1,549 cited
  • 2003Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts1,471 cited
  • 1999Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter?1,428 cited
  • 1998Underwriting relationships, analysts' earnings forecasts and investment recommendations1,248 cited
  • 2000Security Analysts' Career Concerns and Herding of Earnings Forecasts1,152 cited
  • 2000CEO stock option awards and the timing of corporate voluntary disclosures1,053 cited
  • 2001Rationality and Analysts' Forecast Bias1,012 cited
  • 1992Reputation and Performance Among Security Analysts980 cited
  • 2004The Walk‐down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives*848 cited
  • 1997Do Security Analysts Improve Their Performance with Experience?737 cited
  • 1993Analysts' Decisions As Products of a Multi-Task Environment721 cited
  • 1995The Effect of Investment Banking Relationships on Financial Analysts' Earnings Forecasts and Investment Recommendations*664 cited

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2006
Which types of analyst firms are more optimistic?
588 cited
  • 1998Earnings predictability and bias in analysts' earnings forecasts.578 cited
  • Cited by

    • 2016Before an Analyst Becomes an Analyst: Does Industry Experience Matter?323 cited
    • 2011Investor Sentiment and Analysts' Earnings Forecast Errors316 cited
    • 2010Is silence golden? An empirical analysis of firms that stop giving quarterly earnings guidance305 cited
    • 2014The Effect of China's Weak Institutional Environment on the Quality of Big 4 Audits254 cited
    • 2018Analyst Career Concerns, Effort Allocation, and Firms’ Information Environment242 cited
    • 2016Analysts’ Forecasts and Asset Pricing: A Survey241 cited
    • 2012Analyst Forecast Consistency239 cited
    • 2017Managing the Narrative: Investor Relations Officers and Corporate Disclosure232 cited
    • 2008Hiring Cheerleaders: Board Appointments of "Independent" Directors219 cited
    • 2018What Do Employees Know? Evidence from a Social Media Platform214 cited
    • 2021Behavioral Economics of Accounting: A Review of Archival Research on Individual Decision Makers209 cited
    • 2012Using earnings conference calls to identify analysts with superior private information196 cited
    • 2009Are analysts’ earnings forecasts more accurate when accompanied by cash flow forecasts?177 cited
    • 2019Information Dissemination through Embedded Financial Analysts: Evidence from China156 cited
    • 2020Terrorist Attacks, Analyst Sentiment, and Earnings Forecasts151 cited
    • 2006Is Silence Golden? An Empirical Analysis of Firms that Stop Giving Quarterly Earnings Guidance146 cited