What is it about?

The paper extends the literature on meeting or beating performance targets. Prior research in this stream examines market reactions to meeting or beating other earnings thresholds, such as prior earnings (Barth, Elliott, and Finn 1999) or analyst forecasts (Bartov et al. 2002; Kasznik and McNichols 2002). Our study provides new evidence of a separate stock returns premium for meeting or beating managers' own earnings guidance.

Featured Image

Read the Original

This page is a summary of: The Rewards for Meeting or Beating Managers' Own Earnings Guidance, Accounting Horizons, October 2020, American Accounting Association,
DOI: 10.2308/horizons-16-059.
You can read the full text:

Read

Contributors

The following have contributed to this page