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Volumn 24, Issue 3, 2005, Pages 243-252

Unintended consequences of regulating disclosures: The case of Regulation Fair Disclosure

Author keywords

Disclosure; Herding; Regulation FD

Indexed keywords


EID: 19944371768     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jaccpubpol.2005.03.004     Document Type: Article
Times cited : (44)

References (15)
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  • 2
    • 34249691461 scopus 로고    scopus 로고
    • Analysts, portfolio managers say volume, quality of information have fallen under regulation FD, AIMR member survey shows
    • Association for Investment Management and Research (AIMR)
    • Association for Investment Management and Research (AIMR), 2001. Analysts, portfolio managers say volume, quality of information have fallen under regulation FD, AIMR member survey shows. http://www.cfainstitute.org/pressroom/01releases/regFD_survey.html.
    • (2001)
  • 4
    • 27744568768 scopus 로고
    • A theory of fads, fashion, custom, and cultural changes as information cascades
    • S. Bikhchandani D. Hirshleifer I. Welch A theory of fads, fashion, custom, and cultural changes as information cascades Journal of Political Economy 100 1992 992-1026
    • (1992) Journal of Political Economy , vol.100 , pp. 992-1026
    • Bikhchandani, S.1    Hirshleifer, D.2    Welch, I.3
  • 5
    • 0041902290 scopus 로고    scopus 로고
    • Following the leader: A study of individual analysts' earnings forecasts
    • R. Cooper T. Day C. Lewis Following the leader: A study of individual analysts' earnings forecasts Journal of Financial Economics 61 2001 383-416
    • (2001) Journal of Financial Economics , vol.61 , pp. 383-416
    • Cooper, R.1    Day, T.2    Lewis, C.3
  • 7
    • 0001485455 scopus 로고    scopus 로고
    • What have we learned from social learning
    • D. Gale What have we learned from social learning European Economic Review 40 1996 617-628
    • (1996) European Economic Review , vol.40 , pp. 617-628
    • Gale, D.1
  • 8
    • 84986047705 scopus 로고    scopus 로고
    • Herd behavior and cascading in capital markets: A review and synthesis
    • D. Hirshleifer S. Teoh Herd behavior and cascading in capital markets: A review and synthesis European Financial Management 9 2003 25-66
    • (2003) European Financial Management , vol.9 , pp. 25-66
    • Hirshleifer, D.1    Teoh, S.2
  • 9
    • 16844367658 scopus 로고    scopus 로고
    • Informational effects of Regulation FD: Evidence from rating agencies
    • forthcoming
    • Jorion, P., Liu, Z., Shi, C., forthcoming. Informational effects of Regulation FD: Evidence from rating agencies. Journal of Financial Economics.
    • Journal of Financial Economics
    • Jorion, P.1    Liu, Z.2    Shi, C.3
  • 10
    • 19944384534 scopus 로고    scopus 로고
    • Regulation FD: How is it working?
    • Securities Industry Association
    • Securities Industry Association, 2001. Regulation FD: How is it working? Research Reports 4, pp. 15-19
    • (2001) Research Reports , vol.4 , pp. 15-19
  • 11
    • 19944417221 scopus 로고    scopus 로고
    • Henry VIII
    • J. Crewe (Ed.) New York
    • W. Shakespeare Henry VIII In: J. Crewe (Ed.) 2001 Penguin Classics New York
    • (2001) Penguin Classics
    • Shakespeare, W.1
  • 12
    • 0000620010 scopus 로고
    • Conversation, information, and herd behavior
    • R. Shiller Conversation, information, and herd behavior The American Economic Review 85 1995 181-185
    • (1995) The American Economic Review , vol.85 , pp. 181-185
    • Shiller, R.1
  • 13
    • 65249185687 scopus 로고    scopus 로고
    • New rules are giving analysts a herd mentality
    • 3.6, December 29
    • The New York Times, 2002. New rules are giving analysts a herd mentality. 3.6, December 29.
    • (2002) The New York Times
  • 14
    • 0034367589 scopus 로고    scopus 로고
    • Herding among security analysts
    • I. Welch Herding among security analysts Journal of Financial Economics 58 2000 369-396
    • (2000) Journal of Financial Economics , vol.58 , pp. 369-396
    • Welch, I.1
  • 15
    • 0013468263 scopus 로고    scopus 로고
    • Regulation Fair Disclosure and the private information of analysts
    • Working paper, Stanford University
    • Zitzewitz, E., 2002. Regulation Fair Disclosure and the private information of analysts. Working paper, Stanford University.
    • (2002)
    • Zitzewitz, E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.