메뉴 건너뛰기




Volumn 45, Issue 4, 2007, Pages 811-837

How disaggregation enhances the credibility of management earnings forecasts

Author keywords

[No Author keywords available]

Indexed keywords


EID: 34547187561     PISSN: 00218456     EISSN: 1475679X     Source Type: Journal    
DOI: 10.1111/j.1475-679X.2007.00252.x     Document Type: Article
Times cited : (156)

References (43)
  • 1
    • 0000839001 scopus 로고
    • Corporate Managers' Earnings Forecasts and Symmetrical Adjustments of Market Expectations
    • and
    • Ajinka, B. B., and M. J. Gift Corporate Managers' Earnings Forecasts and Symmetrical Adjustments of Market Expectations Journal of Accounting Research 22 (1984 425 44.
    • (1984) Journal of Accounting Research , vol.22 , pp. 425-44
    • Ajinka, B.B.1    Gift, M.J.2
  • 3
    • 18244391272 scopus 로고
    • The Effects of Management Forecast Precision on Equity Pricing and on the Assessment of Earnings Uncertainty
    • and
    • Baginski, S. P. E. J. Conrad and J. M. Hassell The Effects of Management Forecast Precision on Equity Pricing and on the Assessment of Earnings Uncertainty The Accounting Review 68 (1993 913 27.
    • (1993) The Accounting Review , vol.68 , pp. 913-27
    • Baginski, S.P.1    Conrad, E.J.2    Hassell, J.M.3
  • 4
    • 23944468742 scopus 로고    scopus 로고
    • To Blame or Not to Blame: Analysts' Reactions to External Explanations for Poor Financial Performance
    • and
    • Barton, J., and M. Mercer To Blame or Not to Blame: Analysts' Reactions to External Explanations for Poor Financial Performance Journal of Accounting & Economics 39 (2005 509 33.
    • (2005) Journal of Accounting & Economics , vol.39 , pp. 509-33
    • Barton, J.1    Mercer, M.2
  • 5
    • 0037724997 scopus 로고    scopus 로고
    • The Impact of SFAS No. 131 on Information and Monitoring
    • and
    • Berger, P., and R. Hann The Impact of SFAS No. 131 on Information and Monitoring Journal of Accounting Research 41 (2003 163 223.
    • (2003) Journal of Accounting Research , vol.41 , pp. 163-223
    • Berger, P.1    Hann, R.2
  • 6
    • 34547175170 scopus 로고    scopus 로고
    • Remarks by John C. Bogle, Founder and Former Chairman, The Vanguard Group, 20th Anniversary Meeting of the Council of Institutional Investors, Web site
    • Bogle, J. The Ownership of Corporate America - Rights and Responsibilities (2005). Remarks by John C. Bogle, Founder and Former Chairman, The Vanguard Group, 20th Anniversary Meeting of the Council of Institutional Investors, April 11, 2005. Web site, http://www.vanguard.com/bogle_site/ sp20050411.htm.
    • (2005) The Ownership of Corporate America - Rights and Responsibilities (2005).
    • Bogle, J.1
  • 7
    • 3843119925 scopus 로고    scopus 로고
    • The Role of Information Precision in Determining the Cost of Equity Capital
    • and
    • Botosan, C. A. M. A. Plumlee and Y. Xie The Role of Information Precision in Determining the Cost of Equity Capital Review of Accounting Studies 9 (2004 233 59.
    • (2004) Review of Accounting Studies , vol.9 , pp. 233-59
    • Botosan, C.A.1    Plumlee, M.A.2    Xie, Y.3
  • 8
    • 0000802604 scopus 로고
    • Contrast Coding: A Refinement of ANOVA in Behavioral Analysis
    • and
    • Buckless, F. A., and S. P. Ravenscroft Contrast Coding: A Refinement of ANOVA in Behavioral Analysis The Accounting Review 65 (1990 933 45.
    • (1990) The Accounting Review , vol.65 , pp. 933-45
    • Buckless, F.A.1    Ravenscroft, S.P.2
  • 10
    • 18944390386 scopus 로고    scopus 로고
    • Equity Incentives and Earnings Management
    • and
    • Cheng, Q., and T. D. Warfield Equity Incentives and Earnings Management The Accounting Review 80 (2005 441 76.
    • (2005) The Accounting Review , vol.80 , pp. 441-76
    • Cheng, Q.1    Warfield, T.D.2
  • 11
    • 0031507615 scopus 로고    scopus 로고
    • Management Forecasts and Information Asymmetry: An Examination of Bid-Ask Spreads
    • and
    • Coller, M., and T. L. Yohn Management Forecasts and Information Asymmetry: An Examination of Bid-Ask Spreads Journal of Accounting Research 35 (1997 181 91.
    • (1997) Journal of Accounting Research , vol.35 , pp. 181-91
    • Coller, M.1    Yohn, T.L.2
  • 13
    • 20144367855 scopus 로고    scopus 로고
    • Performance Measure Garbling under Renegotiation in Multi-Period Agencies
    • and
    • Demski, J. S., and H. Frimor Performance Measure Garbling Under Renegotiation in Multi-Period Agencies Journal of Accounting Research 37 (1999 187 214.
    • (1999) Journal of Accounting Research , vol.37 , pp. 187-214
    • Demski, J.S.1    Frimor, H.2
  • 14
    • 0000272926 scopus 로고
    • Disclosure of Non-Proprietary Information
    • Dye, R. A. Disclosure of Non-Proprietary Information Journal of Accounting Research 23 (1985 123 45.
    • (1985) Journal of Accounting Research , vol.23 , pp. 123-45
    • Dye, R.A.1
  • 15
    • 84984186218 scopus 로고
    • The Effects of Line-of-Business Reporting on Competition in Oligopoly Settings
    • and
    • Feltham, G. A. F. B. Gigler and J. S. Hughes The Effects of Line-of-Business Reporting on Competition in Oligopoly Settings Contemporary Accounting Research 9 (1992 1 23.
    • (1992) Contemporary Accounting Research , vol.9 , pp. 1-23
    • Feltham, G.A.1    Gigler, F.B.2    Hughes, J.S.3
  • 17
    • 0032020102 scopus 로고    scopus 로고
    • The Association between Competition and Managers' Business Segment Reporting Decisions
    • Harris, M. S. The Association between Competition and Managers' Business Segment Reporting Decisions Journal of Accounting Research 36 (1998 111 28.
    • (1998) Journal of Accounting Research , vol.36 , pp. 111-28
    • Harris, M.S.1
  • 19
    • 0030241905 scopus 로고    scopus 로고
    • Segment Reporting to the Capital Market in the Presence of a Competitor
    • and
    • Hayes, R. M., and R. Lundholm Segment Reporting to the Capital Market in the Presence of a Competitor Journal of Accounting Research 34 (1996 261 79.
    • (1996) Journal of Accounting Research , vol.34 , pp. 261-79
    • Hayes, R.M.1    Lundholm, R.2
  • 20
    • 0000388461 scopus 로고    scopus 로고
    • Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure
    • and
    • Healy, P. A. Hutton and K. Palepu Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure Contemporary Accounting Research 16 (1999 485 520.
    • (1999) Contemporary Accounting Research , vol.16 , pp. 485-520
    • Healy, P.1    Hutton, A.2    Palepu, K.3
  • 21
    • 18944380686 scopus 로고    scopus 로고
    • The Joint Effect of Management's Prior Forecast Accuracy and the Form of Its Financial Forecasts on Investor Judgment
    • and
    • Hirst, D. E. L. Koonce and J. Miller The Joint Effect of Management's Prior Forecast Accuracy and the Form of Its Financial Forecasts on Investor Judgment Journal of Accounting Research 37 (1999 101 24.
    • (1999) Journal of Accounting Research , vol.37 , pp. 101-24
    • Hirst, D.E.1    Koonce, L.2    Miller, J.3
  • 22
    • 0346086097 scopus 로고    scopus 로고
    • Voluntary Disclosure of Precision Information
    • and
    • Hughes, J., and S. Pae Voluntary Disclosure of Precision Information Journal of Accounting & Economics 37 (2004 261 89.
    • (2004) Journal of Accounting & Economics , vol.37 , pp. 261-89
    • Hughes, J.1    Pae, S.2
  • 23
    • 0346267870 scopus 로고    scopus 로고
    • The Role of Supplementary Statements with Management Earnings Forecasts
    • and
    • Hutton, A. P. G. S. Miller and D. J. Skinner The Role of Supplementary Statements with Management Earnings Forecasts Journal of Accounting Research 41 (2003 867 90.
    • (2003) Journal of Accounting Research , vol.41 , pp. 867-90
    • Hutton, A.P.1    Miller, G.S.2    Skinner, D.J.3
  • 25
    • 0001810790 scopus 로고
    • Unsystematic Security Price Movements, Management Earnings Forecasts, and Revisions in Consensus Analyst Earnings Forecasts
    • Jennings, R. Unsystematic Security Price Movements, Management Earnings Forecasts, and Revisions in Consensus Analyst Earnings Forecasts Journal of Accounting Research 25 (1987 90 110.
    • (1987) Journal of Accounting Research , vol.25 , pp. 90-110
    • Jennings, R.1
  • 26
    • 0033463501 scopus 로고    scopus 로고
    • On the Association between Voluntary Disclosure and Earnings Management
    • Kasznik, R. On the Association Between Voluntary Disclosure and Earnings Management Journal of Accounting Research 37 (1999 57 81.
    • (1999) Journal of Accounting Research , vol.37 , pp. 57-81
    • Kasznik, R.1
  • 27
    • 0001427287 scopus 로고
    • Expectations Adjustments via Timely Management Forecasts: Review, Synthesis, and Suggestions for Future Research
    • and
    • King, R. G. Pownall and G. Waymire Expectations Adjustments via Timely Management Forecasts: Review, Synthesis, and Suggestions for Future Research Journal of Accounting Literature 9 (1990 113 44.
    • (1990) Journal of Accounting Literature , vol.9 , pp. 113-44
    • King, R.1    Pownall, G.2    Waymire, G.3
  • 30
    • 20144381508 scopus 로고    scopus 로고
    • Implications of Proposed Segment Reporting Standards for Financial Analysts' Investment Judgments
    • and
    • Maines, L. A. L. S. McDaniel and M. S. Harris Implications of Proposed Segment Reporting Standards for Financial Analysts' Investment Judgments Journal of Accounting Research 35 (1997 1 24.
    • (1997) Journal of Accounting Research , vol.35 , pp. 1-24
    • Maines, L.A.1    McDaniel, L.S.2    Harris, M.S.3
  • 31
    • 18944363016 scopus 로고    scopus 로고
    • How Do Investors Assess the Credibility of Management Disclosures?
    • Mercer, M. How Do Investors Assess the Credibility of Management Disclosures? Accounting Horizons 18 (2004 185 96.
    • (2004) Accounting Horizons , vol.18 , pp. 185-96
    • Mercer, M.1
  • 33
    • 34547168361 scopus 로고    scopus 로고
    • New York Stock Exchange (NYSE). Web site
    • New York Stock Exchange (NYSE) Shareownership 2000 Highlights Web site, http://www.nysedata.com/nysedata/asp/factbook/viewer_edition.asp?mode= text&key=51&category=11, 2002.
    • (2002) Shareownership 2000 Highlights
  • 34
    • 0000849668 scopus 로고
    • An Empirical Investigation of the Voluntary Disclosure of Corporate Earnings Forecasts
    • Penman, S. H. An Empirical Investigation of the Voluntary Disclosure of Corporate Earnings Forecasts Journal of Accounting Research 18 (1980 132 60.
    • (1980) Journal of Accounting Research , vol.18 , pp. 132-60
    • Penman, S.H.1
  • 35
    • 1542662640 scopus 로고
    • A Meta-analysis of Cronbach's Coefficient Alpha
    • Peterson, R. A Meta-analysis of Cronbach's Coefficient Alpha Journal of Consumer Research 21 (1994 381 91.
    • (1994) Journal of Consumer Research , vol.21 , pp. 381-91
    • Peterson, R.1
  • 36
    • 0010919213 scopus 로고
    • Voluntary Disclosure Credibility and Securities Prices: Evidence from Management Earnings Forecasts, 1969-73
    • and
    • Pownall, G., and G. Waymire Voluntary Disclosure Credibility and Securities Prices: Evidence from Management Earnings Forecasts, 1969-73 Journal of Accounting Research 27 (1989 227 45.
    • (1989) Journal of Accounting Research , vol.27 , pp. 227-45
    • Pownall, G.1    Waymire, G.2
  • 37
    • 27844536188 scopus 로고    scopus 로고
    • Credibility of Management Forecasts
    • and
    • Rogers, J. L., and P. C. Stocken Credibility of Management Forecasts The Accounting Review 80 (2005 1233 60.
    • (2005) The Accounting Review , vol.80 , pp. 1233-60
    • Rogers, J.L.1    Stocken, P.C.2
  • 38
    • 12044256982 scopus 로고
    • Support Theory: A Nonextensional Representation of Subjective Probability
    • and
    • Tversky, A., and D. J. Koehler Support Theory: A Nonextensional Representation of Subjective Probability Psychological Review 101 (1994 547 67.
    • (1994) Psychological Review , vol.101 , pp. 547-67
    • Tversky, A.1    Koehler, D.J.2
  • 39
    • 0038276999 scopus 로고    scopus 로고
    • The Unpacking Effect in Evaluative Judgments: When the Whole Is Less Than the Sum of Its Parts
    • and
    • Van Boven, L., and N. Epley The Unpacking Effect in Evaluative Judgments: When the Whole Is Less Than the Sum of Its Parts Journal of Experimental Social Psychology 39 (2003 263 69.
    • (2003) Journal of Experimental Social Psychology , vol.39 , pp. 263-69
    • Van Boven, L.1    Epley, N.2
  • 41
    • 0000927669 scopus 로고
    • Additional Evidence on the Information Content of Management Earnings Forecasts
    • Waymire, G. Additional Evidence on the Information Content of Management Earnings Forecasts Journal of Accounting Research 22 (1984 703 18.
    • (1984) Journal of Accounting Research , vol.22 , pp. 703-18
    • Waymire, G.1
  • 42
    • 0030306683 scopus 로고    scopus 로고
    • The Relation between a Prior Earnings Forecast by Management and Analyst Response to a Current Management Forecast
    • Williams, P. A. The Relation Between a Prior Earnings Forecast by Management and Analyst Response to a Current Management Forecast The Accounting Review 71 (1996 103 15.
    • (1996) The Accounting Review , vol.71 , pp. 103-15
    • Williams, P.A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.