Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 12 of 12 for “"management forecasts"”.
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Effect of litigation risk on management forecasts
I examine the link between changes in the disclosure behavior of firms and changes in ex ante litigation risk as proxied by changes in the firms' director and officer insurance premiums. I find evidence that there is a negative link between the voluntary disclosure of bad news and ex ante …
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The Use of Downside Information to Enhance Investors' Credibility Judgments of Good News Management Forecasts
… credibility by supplementing their good news forecasts with downside information. I also document the boundary conditions of the credibility enhancement by the disclosure of downside information. First, I predict and find that the credibility-enhancing effect of the downside supplementary …
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The use of downside information to enhance investors' credibility judgments of good news management forecasts
… the credibility of their good news earnings forecasts. In the first part of my dissertation, I review the literature on two-sided advertisement from the marketing literature and the literature on management credibility in accounting. I also explain how the two-sided advertising literature and …
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Litigation Risk and the Optimism in Long-horizon Management Forecasts of Bad News and Good News
… the framework of how litigation risk affects management forecasting of bad news and good news differently, resulting in differential optimism in these forecasts. I argue that distinct stock price patterns following these two types of management forecasts expose them to differential litigation …
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Management earnings forecasts, security price variability, and the marginal information content of earnings announcements
… of this study is to determine (1) whether management forecasts decrease the marginal information content of subsequent earnings announcements and (2) whether the market efficiently reflects the information contained in the management forecast. If management forecasts and subsequent earnings …
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Why do firms disclose performance compensation targets?
… to provide other expectation disclosures, e.g. management forecasts, as well as that of factors particular to the compensation setting. Results suggest that financial reporting concerns (as measured in Carter et al., 2007) along with pressure from the SEC influence performance target disclosure, …
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Intra-Industry Information Transfers Associated With Management Earnings Forecasts
… and proposes tests of the proposition that management forecasts of earnings generate such transfers. Cluster analysis procedures are used to construct homogeneous industries for which the transfer effect is hypothesized. Parametric tests are proposed that mitigate the effects of …
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CEO Extraversion and Management Earnings Forecasts
… most salient personality trait (Cain 2012), on management earnings forecasts. An extraverted individual is characterized as being energetic, talkative, assertive, decisive and sociable (Wilt and Revelle 2009). I examine whether and how CEO extraversion influences the likelihood of issuing …
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Are long-term earnings targets forecasts?
… where agency conflicts are low and traditional management forecasts are not available. To my knowledge, this analysis is the first to document a forecasting role for the long-term targets used in earnings-based compensation plans.
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Do Managers Learn From Institutional Investors Through Direct Interactions?
… I find that the frequency and accuracy of management forecasts increase after direct learning. Comparing insider trades in the same firm-month, trades executed by participating insiders within seven days after a conference earn greater positive abnormal returns, consistent with managers’ …
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Credibility of annual management earnings forecasts: theory and evidence
… however, that market responses to the unverified management forecasts may be as strong as responses to similar l verified information disclosures. This dissertation is concerned with the credibility of such unverified information. Three hypotheses are investigated in the study. The data includes …
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The Effects of Management's Forecast Strategy on Venture Capitalist Investment Screening Judgment
Prior research indicates that management forecast strategies affect investors' perceptions of management, which, in turn, influence investors' judgments about the firm. The current study hypothesizes and demonstrates that decisions about the completeness and form of management's forecast disclosure …