Similar Search Results

Tests of market reaction and analysts' forecast revisions to the disclosure of improved management earnings expectations : a case of concurrent bad news management earnings forecas...

Lacina, Michael J.; Karim, Khondkar E. - In: Review of quantitative finance and accounting 23 (2004) 2, pp. 123-148

Persistent link: https://www.econbiz.de/10002257610

Tests of Market Reaction and Analysts' Forecast Revisions to the Disclosure of Improved Management Earnings Expectations: A Case of Concurrent Bad News Management Earnings Forecast...

Lacina, Michael J.; Karim, Khondkar E. - In: Review of quantitative finance and accounting 23 (2004) 2, pp. 123-148

Persistent link: https://www.econbiz.de/10007152603

Tests of Market Reaction and Analysts' Forecast Revisions to the Disclosure of Improved Management Earnings Expectations: A Case of Concurrent Bad News Management Earnings Forecast...

Lacina, Michael J.; Karim, Khondkar E. - In: Review of Quantitative Finance and Accounting 23 (2004) 2, pp. 123-148

This paper tests whether a negative stock market reaction, associated with a management forecast of near term bad earnings, is lessened by a concurrent management forecast of improved longer term earnings expectations. Stock market reactions depend on the creditability of management forecasts of...

Persistent link: https://www.econbiz.de/10005542167