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The Impact of Forecast Disclosure and Accuracy on Equity Pricing: The IPO Perspective
16 references·6 citing·40 second hop
The Impact of Forecast Disclosure and Accuracy on Equity Pricing: The IPO Perspective (2001)The Impact of Forecast Disclosure and Acc…Valuing IPOs (1999)Valuing IPOsOn the Association between Voluntary Disclosure and Earnings Management (1999)On the Association between Vo…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)Market efficiency, long-term …Measuring long-horizon security price performance (1997)Measuring long-horizon securi…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Why Firms Voluntarily Disclose Bad News (1994)Why Firms Voluntarily Disclos…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…Voluntary Forecast Disclosure, Nondisclosure, and Stock Prices (1990)Voluntary Forecast Disclosure…Why do managers voluntarily release earnings forecasts? (1986)Why do managers voluntarily r…Investment banking, reputation, and the underpricing of initial public offerings (1986)Investment banking, reputatio…The "Hot Issue" Market of 1980 (1984)The "Hot Issue" Market of 1980Corporate Managers' Earnings Forecasts and Symmetrical Adjustments of Market Expectations (1984)Corporate Managers' Earnings …Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Discretionary disclosure (1983)Discretionary disclosureThe stochastic behavior of common stock variances Value, leverage and interest rate effects (1982)The stochastic behavior of co…Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…The voice of profit: exploring the tone of Australian CEO's letters to shareholders after the global financial crisis (2021)The voice of profit: explorin…The effect of underwriter’s market share, spread and management earnings forecasts bias and accuracy on underpricing of Malaysian IPOs (2016)The effect of underwriter’s m…Analyst coverage and IPO management forecasts (2016)Analyst coverage and IPO mana…The Determinants of Forward-looking Disclosures in Interim Reports for Non-financial Firms: Evidence from a Developing Country (2012)The Determinants of Forward-l…Dividend initiations and long-run IPO performance (2011)Dividend initiations and long…Impact of the Corporate Law Economic Reform Program Act 1999 on initial public offering prospectus earnings forecasts (2005)Impact of the Corporate Law E…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Time Series Analysis: Forecasting and Control (1977)Threshold heteroskedastic models (1994)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)The distribution of realized stock return volatility (2001)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Role of Market Forces in Assuring Contractual Performance (1981)Why new issues are underpriced (1986)Initial Public Offerings and Underwriter Reputation (1990)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Disclosure of Nonproprietary Information (1985)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)Using daily stock returns (1985)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Capital markets research in accounting (2001)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)INITIAL PUBLIC OFFERINGS (1988)Event Studies in Economics and Finance (1997)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)An Empirical Evaluation of Accounting Income Numbers (1968)Job Market Signaling (1973)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)The financial reporting environment: Review of the recent literature (2010)Why Has IPO Underpricing Changed Over Time? (2002)Why Has IPO Underpricing Changed Over Time (2004)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)Investor Psychology and Asset Pricing (2001)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Presidential Address: Discount Rates (2011)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Economic Consequences of Legal Origins (2008)
this work references cited by second hop

References

  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1983Discretionary disclosure3,477 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,581 cited
  • 1998Market 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.12,572 cited
  • 1994Why Firms Voluntarily Disclose Bad News2,435 cited
  • 1982The stochastic behavior of common stock variances Value, leverage and interest rate effects2,382 cited
  • 1984The "Hot Issue" Market of 19801,586 cited
  • 1999On the Association between Voluntary Disclosure and Earnings Management1,218 cited
  • 1997Measuring long-horizon security price performance991 cited
  • 1984Corporate Managers' Earnings Forecasts and Symmetrical Adjustments of Market Expectations600 cited
  • 1986

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Why do managers voluntarily release earnings forecasts?
575 cited
  • 1990Voluntary Forecast Disclosure, Nondisclosure, and Stock Prices470 cited
  • 1999Valuing IPOs460 cited
  • Cited by

    • 2005Impact of the Corporate Law Economic Reform Program Act 1999 on initial public offering prospectus earnings forecasts28 cited
    • 2011Dividend initiations and long-run IPO performance25 cited
    • 2016The effect of underwriter’s market share, spread and management earnings forecasts bias and accuracy on underpricing of Malaysian IPOs25 cited
    • 2021The voice of profit: exploring the tone of Australian CEO's letters to shareholders after the global financial crisis23 cited
    • 2012The Determinants of Forward-looking Disclosures in Interim Reports for Non-financial Firms: Evidence from a Developing Country23 cited
    • 2016Analyst coverage and IPO management forecasts17 cited