메뉴 건너뛰기




Volumn 81, Issue 1, 2006, Pages 207-225

Does the form of management's earnings guidance affect analysts' earnings forecasts?

Author keywords

Analyst forecasts; Earnings guidance; Forecast form; Management forecasts; Preannouncements

Indexed keywords


EID: 33644699047     PISSN: 00014826     EISSN: None     Source Type: Journal    
DOI: 10.2308/accr.2006.81.1.207     Document Type: Review
Times cited : (57)

References (35)
  • 1
    • 18244391272 scopus 로고
    • The effects of management forecast precision on equity pricing and on the assessment of earnings uncertainty
    • Baginski, S. P., E. J. Conrad, and J. M. Hassell. 1993. The effects of management forecast precision on equity pricing and on the assessment of earnings uncertainty. The Accounting Review (October) 68: 913-927.
    • (1993) The Accounting Review , vol.68 , Issue.OCTOBER , pp. 913-927
    • Baginski, S.P.1    Conrad, E.J.2    Hassell, J.M.3
  • 2
    • 0032264834 scopus 로고    scopus 로고
    • Discretionary management earnings forecast disclosures: Antecedents and outcomes associated with forecast venue and forecast specificity choices
    • Bamber, L. S., and Y. S. Cheon. 1998. Discretionary management earnings forecast disclosures: Antecedents and outcomes associated with forecast venue and forecast specificity choices. Journal of Accounting Research (Autumn) 36: 167-190.
    • (1998) Journal of Accounting Research , vol.36 , Issue.AUTUMN , pp. 167-190
    • Bamber, L.S.1    Cheon, Y.S.2
  • 3
    • 0036267630 scopus 로고    scopus 로고
    • The rewards to meeting or beating earnings expectations
    • Bartov, E., D. Givoly, and C. Hayn. 2002. The rewards to meeting or beating earnings expectations. Journal of Accounting and Economics (June) 33: 173-204.
    • (2002) Journal of Accounting and Economics , vol.33 , Issue.JUNE , pp. 173-204
    • Bartov, E.1    Givoly, D.2    Hayn, C.3
  • 4
    • 0035632845 scopus 로고    scopus 로고
    • A temporal analysis of earnings surprises: Profits versus losses
    • Brown, L. D. 2001. A temporal analysis of earnings surprises: Profits versus losses. Journal of Accounting Research (September) 39: 221-241.
    • (2001) Journal of Accounting Research , vol.39 , Issue.SEPTEMBER , pp. 221-241
    • Brown, L.D.1
  • 5
    • 32944457060 scopus 로고    scopus 로고
    • A reexamination of bias in management earnings forecasts
    • Hong Kong University of Science and Technology
    • Choi, J. H., and D. A. Ziebart. 2002. A reexamination of bias in management earnings forecasts. Working paper, Hong Kong University of Science and Technology.
    • (2002) Working Paper
    • Choi, J.H.1    Ziebart, D.A.2
  • 6
    • 11244273903 scopus 로고    scopus 로고
    • Expectations management and beatable targets: How do analysts react to explicit earnings guidance?
    • University of Southern Queensland
    • Cotter, J., A. I. Tuna, and P. D. Wysocki. 2004. Expectations management and beatable targets: How do analysts react to explicit earnings guidance? Working paper, University of Southern Queensland.
    • (2004) Working Paper
    • Cotter, J.1    Tuna, A.I.2    Wysocki, P.D.3
  • 8
    • 0001897473 scopus 로고    scopus 로고
    • Earnings management to exceed thresholds
    • Degeorge, F., J. Patel, and R. Zeckhauser. 1999. Earnings management to exceed thresholds. Journal of Business (January) 72: 1-33.
    • (1999) Journal of Business , vol.72 , Issue.JANUARY , pp. 1-33
    • Degeorge, F.1    Patel, J.2    Zeckhauser, R.3
  • 9
    • 4243329450 scopus 로고
    • Ambiguity and uncertainty in probabilistic inference
    • Einhorn, H. J., and R. M. Hogarth. 1985. Ambiguity and uncertainty in probabilistic inference. Psychological Review 92: 433-461.
    • (1985) Psychological Review , vol.92 , pp. 433-461
    • Einhorn, H.J.1    Hogarth, R.M.2
  • 12
    • 0001539060 scopus 로고
    • Verbal protocol analysis of choice under ambiguity
    • Highhouse, S. A. 1994. Verbal protocol analysis of choice under ambiguity. Journal of Economic Psychology (December) 15: 621-635.
    • (1994) Journal of Economic Psychology , vol.15 , Issue.DECEMBER , pp. 621-635
    • Highhouse, S.A.1
  • 13
    • 20144368270 scopus 로고    scopus 로고
    • Comprehensive income reporting and analysts' valuation judgments
    • Hirst, D. E., and P. E. Hopkins. 1998. Comprehensive income reporting and analysts' valuation judgments. Journal of Accounting Research (Supplement): 47-75.
    • (1998) Journal of Accounting Research , Issue.SUPPL. , pp. 47-75
    • Hirst, D.E.1    Hopkins, P.E.2
  • 14
    • 18944380686 scopus 로고    scopus 로고
    • The joint effect of management's prior forecast accuracy and the form of its financial forecasts on investor judgment
    • _, L. Koonce, and J. Miller. 1999. The joint effect of management's prior forecast accuracy and the form of its financial forecasts on investor judgment. Journal of Accounting Research (Supplement) 37: 101-124.
    • (1999) Journal of Accounting Research , vol.37 , Issue.SUPPL. , pp. 101-124
    • Koonce, L.1    Miller, J.2
  • 15
    • 77956798433 scopus 로고
    • From acts to disposition: The attribution process in person perception
    • edited by L. Berkowitz . New York, NY: Academic Press
    • Jones, E., and K. Davis. 1965. From acts to disposition: The attribution process in person perception. In Advances in Experimental Social Psychology, Volume 2, edited by L. Berkowitz, 219-266. New York, NY: Academic Press.
    • (1965) Advances in Experimental Social Psychology , vol.2 , pp. 219-266
    • Jones, E.1    Davis, K.2
  • 16
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decisions under risk
    • Kahneman, D., and A. Tversky. 1979. Prospect theory: An analysis of decisions under risk. Econometrica (March) 4: 263-291.
    • (1979) Econometrica , vol.4 , Issue.MARCH , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 17
    • 0000261213 scopus 로고
    • To warn or not to warn: Management disclosures in the face of an earnings surprise
    • Kasznik, R., and B. Lev. 1995. To warn or not to warn: Management disclosures in the face of an earnings surprise. The Accounting Review (January) 70: 113-134.
    • (1995) The Accounting Review , vol.70 , Issue.JANUARY , pp. 113-134
    • Kasznik, R.1    Lev, B.2
  • 18
    • 0001743681 scopus 로고
    • The processes of causal attribution
    • Kelley, H. H. 1973. The processes of causal attribution. American Psychologist (February) 28: 107-128.
    • (1973) American Psychologist , vol.28 , Issue.FEBRUARY , pp. 107-128
    • Kelley, H.H.1
  • 19
    • 0000921387 scopus 로고
    • The encoding and retrieval of numerical data for decision making in accounting contexts: Model development
    • Kida, T., and J. F. Smith. 1995. The encoding and retrieval of numerical data for decision making in accounting contexts: Model development. Accounting, Organizations and Society (October/ November) 20: 585-610.
    • (1995) Accounting, Organizations and Society , vol.20 , Issue.OCTOBER-NOVEMBER , pp. 585-610
    • Kida, T.1    Smith, J.F.2
  • 20
    • 0003086971 scopus 로고    scopus 로고
    • How frequently do managers disclose prospective earnings information?
    • Kile, C., G. Pownall, and G. Waymire. 1998. How frequently do managers disclose prospective earnings information? Journal of Financial Statement Analysis (Spring) 3: 5-16.
    • (1998) Journal of Financial Statement Analysis , vol.3 , Issue.SPRING , pp. 5-16
    • Kile, C.1    Pownall, G.2    Waymire, G.3
  • 21
    • 0001427287 scopus 로고
    • Expectations adjustment via timely management forecasts: Review, synthesis, and suggestions for future research
    • King, R., G. Pownall, and G. Waymire. 1990. Expectations adjustment via timely management forecasts: Review, synthesis, and suggestions for future research. Journal of Accounting Literature 9: 113-144.
    • (1990) Journal of Accounting Literature , vol.9 , pp. 113-144
    • King, R.1    Pownall, G.2    Waymire, G.3
  • 22
    • 0030498263 scopus 로고    scopus 로고
    • The relative importance of probabilities, outcomes, and vagueness in hazard risk decisions
    • Kuhn, K. M., and D. V. Budescu. 1996. The relative importance of probabilities, outcomes, and vagueness in hazard risk decisions. Organizational Behavior and Human Decision Processes 68: 301-317.
    • (1996) Organizational Behavior and Human Decision Processes , vol.68 , pp. 301-317
    • Kuhn, K.M.1    Budescu, D.V.2
  • 23
    • 0009939160 scopus 로고    scopus 로고
    • Attribute tradeoffs in low probability/high consequence risks: The joint effects of dimension preference and vagueness
    • _, _, J. R. Hershey, K. M. Kramer, and A. K. Rantilla. 1999. Attribute tradeoffs in low probability/high consequence risks: The joint effects of dimension preference and vagueness. Risk, Decision, and Policy 4: 31-46.
    • (1999) Risk, Decision, and Policy , vol.4 , pp. 31-46
    • Hershey, J.R.1    Kramer, K.M.2    Rantilla, A.K.3
  • 24
    • 0033196437 scopus 로고    scopus 로고
    • Analysts' reactions to warnings of negative earnings surprises
    • Libby, R., and H. T. Tan. 1999. Analysts' reactions to warnings of negative earnings surprises. Journal of Accounting Research (Autumn) 37: 415-435.
    • (1999) Journal of Accounting Research , vol.37 , Issue.AUTUMN , pp. 415-435
    • Libby, R.1    Tan, H.T.2
  • 25
    • 0034336777 scopus 로고    scopus 로고
    • Effects of comprehensive-income characteristics on nonprofessional investors' judgments: The role of financial statement presentation format
    • Maines, L., and L. McDaniel. 2000. Effects of comprehensive-income characteristics on nonprofessional investors' judgments: The role of financial statement presentation format. The Accounting Review (April) 75: 179-208.
    • (2000) The Accounting Review , vol.75 , Issue.APRIL , pp. 179-208
    • Maines, L.1    McDaniel, L.2
  • 26
    • 18244405130 scopus 로고    scopus 로고
    • Unintended effects of preannouncements on investor reactions to earnings news
    • University of Notre Dame
    • Miller, J. S. 2004. Unintended effects of preannouncements on investor reactions to earnings news. Working paper, University of Notre Dame.
    • (2004) Working Paper
    • Miller, J.S.1
  • 27
    • 84862253905 scopus 로고    scopus 로고
    • How much are stocks hurting from recent rash of profit preannouncements tied to new rule?
    • Opdyke, J. D. 2001. How much are stocks hurting from recent rash of profit preannouncements tied to new rule? Wall Street Journal (March 2): C1.
    • (2001) Wall Street Journal , Issue.MARCH 2
    • Opdyke, J.D.1
  • 28
    • 21344492705 scopus 로고
    • The stock price effects of alternative types of management earnings forecasts
    • Pownall, G., C. Wasley, and G. Waymire. 1993. The stock price effects of alternative types of management earnings forecasts. The Accounting Review (October) 68: 896-912.
    • (1993) The Accounting Review , vol.68 , Issue.OCTOBER , pp. 896-912
    • Pownall, G.1    Wasley, C.2    Waymire, G.3
  • 30
    • 21944431790 scopus 로고    scopus 로고
    • Outcome effects: The impact of decision process and outcome controllability
    • Tan, H. T., and M. Lipe. 1997. Outcome effects: The impact of decision process and outcome controllability. Journal of Behavioral Decision Making 10 (4): 315-325.
    • (1997) Journal of Behavioral Decision Making , vol.10 , Issue.4 , pp. 315-325
    • Tan, H.T.1    Lipe, M.2
  • 31
    • 0036004055 scopus 로고    scopus 로고
    • Analysts' reactions to earnings preannouncement strategies
    • _, R. Libby, and J. E. Hunton. 2002. Analysts' reactions to earnings preannouncement strategies. Journal of Accounting Research (March) 40: 223-246.
    • (2002) Journal of Accounting Research , vol.40 , Issue.MARCH , pp. 223-246
    • Libby, R.1    Hunton, J.E.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.