Voluntary disclosures and information production by analysts

Journal of Accounting and Economics

Volumn 46, Issue 1, 2008, Pages 78-100

  Langberg, Nisan ^a   Sivaramakrishnan, K ^a  

^a UNIVERSITY OF HOUSTON   (United States)

Author keywords

Accounting precision; Conservatism; Financial analysts; Voluntary disclosure

Indexed keywords

EID: 56349094236     PISSN: 01654101     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jacceco.2007.11.004     Document Type: Article

References (29)

1. Bartov, E., Givoly, D., Hayn, C., 2002. The rewards to meeting or beating earnings expectations. Journal of Accounting and Economics 33, 173-204.
2. Basu, S., 1997. The conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting and Economics 24, 3-37.
3. Bushee, B.J., Miller, G.S., 2006. Investor relations, firm visibility, and investor following. Working Paper, University of Pennsylvania.
4. Chen, Q., Hemmer, T., Zhang, Y., 2007. On the relation between conservatism in accounting standards and incentives for earnings management. Journal of Accounting Research 45, 541-565.
5. Dutta, S., Truman, B., 2002. The interpretation of information and corporate disclosure strategies. Review of Accounting Studies 7, 75-96.
6. Dye, R., 1985. Disclosure of nonproprietary information. Journal of Accounting Research 23, 123-145.
7. Dye, R., 1986. Proprietary and nonproprietary disclosures. Journal of Business 59, 331-336.
8. Dye, R., 1988. Earnings management in overlapping generations model. Journal of Accounting Research 26, 195-235.
9. Dye, R., 1990. Mandatory versus voluntary disclosures: The cases of financial and real externalities. The Accounting Review 65, 1-24.
10. Dye, R., 2001. An evaluation of 'Essays on Disclosure' and the disclosure literature in accounting. Journal of Accounting and Economics 32, 181-235.
11. Dye, R., Sridhar, S., 1995. Industry-wide disclosure dynamics. Journal of Accounting Research 33, 157-174.
12. Dye, R., Sridhar, S., 2002. Resource allocation effects of price reactions to disclosures. Contemporary Accounting Research 19, 385-410.
13. Fishman, M., Hagerty, K., 1989. Disclosure decisions by firms and the competition for price efficiency. The Journal of Finance 44, 633-646.
14. Gigler, F., Hemmer, T., 2001. Conservatism, optimal disclosure policy, and the timeliness of financial reports. The Accounting Review 76, 471-493.
15. Jung, W., Kwon, Y., 1988. Disclosure when market is unsure of information endowment of managers. Journal of Accounting Research 26, 146-153.
16. Kothari, S., Shu, S., Wysocki, P., 2005. Do managers withhold bad news? Working Paper, MIT.
17. Kwon, Y., 2005. Accounting conservatism and managerial incentives. Management Science 51, 1626-1632.
18. Kwon, Y., Newman, P., Suh, Y.S., 2001. The demand for accounting conservatism for management control. Review of Accounting Studies 6, 29-52.
19. Lopez, T., Rees, L., 2002. The effect of beating and missing analysts' forecasts on the information content of unexpected earnings. Journal of Accounting, Auditing and Finance 17, 155-184.
20. McNichols, M., O'Brien, P., 1997. Self-selection and analyst coverage. Journal of Accounting Research 35, 167-199.
21. Mikhail, M.B., Walther, B.R., Willis, R.H., 1999. Does forecast accuracy matter to security analysts? The Accounting Review 74, 185-200.
22. Narayanan, M., 1985. Managerial incentives for short-term results. Journal of Finance 40, 1469-1484.
23. Raghu, V., 2004. Conservatism in accounting: Good or bad? Working Paper, University of Chicago.
24. Stein, J., 1989. Efficient capital markets, inefficient firms: A model of myopic corporate behavior. Quarterly Journal of Economics 104, 655-669.
25. Verrecchia, R., 1983. Discretionary disclosure. Journal of Accounting and Economics 5, 179-194.
26. Verrecchia, R., 1990. Information quality and discretionary disclosure. Journal of accounting and Economics 12, 365-380.
27. Verrecchia, R., 2001. Essays on disclosure. Journal of Accounting and Economics 32, 97-180.
28. Watts, R., 2003a. Conservatism in accounting part I: Explanations and implications. Accounting Horizons 17, 207-221.
29. Watts, R., 2003b. Conservatism in accounting part II: Evidence and research opportunities. Accounting Horizons 17, 287-301.