The study investigates regulation impact on earnings quality in Brazilian firms. The Brazilian context provides an … asymmetry in Brazilian firms. The hypothesis was not confirmed by the findings as regulation was found not to improve earnings …

Profit forecasts are rarely disclosed in the UK except in prospectuses, circulars and during takeover bids. There are … few regulations governing the content of profit forecasts. Under stock exchange rules these forecasts must be reported on … accountants' reports on profit forecasts. Practical examples of such accountants' reports extracted from 250 profit forecasts …

This study examines the impact of Regulation G in 2003 and the issuance of Compliance and Disclosure Interpretations (C …&DIs) in 2010 – on the reporting of non-GAAP earnings. The study finds that (i) both Regulation G and C&DIs are associated with … predictive power for future operating earnings); (ii) Regulation G led to a decrease in the amount of total positive exclusions …

This paper examines the effect of regulations (i.e., the Sarbanes-Oxley Act and Regulation G) on both the timing of … earnings announcements and their relative informational role. I find that after the regulation of earnings announcements was … informational role of earnings announcements has increased significantly in the post-regulation period. This study highlights a …

stocks. While long-short (zero initial outlay) portfolios based on this signal usually make a profit on average, it is rarely …