Why Do Managers Explain Their Earnings Forecasts

By Stephen P. Baginski, Johnette Hassell, Michael D. Kimbrough. 2004

338 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/01d1c981979cbe7b5b5c154be1f837d414dbc5d9

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Citations in the corpus

A conceptual framework of impression management: new insights from psychology, sociology and critical perspectives (2011, background): “Advocates of the incremental information explanation deny the existence of impression management (Baginski et al., 2000, 2004).”
Discretionary Disclosure Strategies in Corporate Narratives: Incremental Information or Impression Management? (2008, neutral): “…reactions to four discretionary disclosure strategies, namely (1) performance attributions (i.e. internal/external attribution of performance) [Baginski et al., 2000, 2004] and self-serving/self-disserving attributions, [Staw et al., 1983]; [Lee et al., 2004]; (2) thematic manipulation (i.e.…”
Shall We Talk? The Role of Interactive Investor Platforms in Corporate Communication (2020, background): “Given the relatively strong market reaction when firms’ earnings fall below expectations (Patell 1976; Baginski et al. 1994; Baginski et al. 2004), managers may be particularly incentivized to communicate when firms underperform.”
Forward-Looking Disclosures, Financial Verifiability and Analysts' Forecasts: A Study of Cross-Listed European Firms (2009, background): “Hutton et al. (2003) and Baginski et al. (2004) both find that only verifiable disclosure is informative in this 438 S. Bozzolan et al. context.”
Employee Ownership and Firm Disclosure (2015, background): “Baginski et al. (2004) show that management forecasts are accompanied by disclosures that link the forecasted performance with both internal management actions (e.”
Management Earnings Forecasts: A Review and Framework (2008, positive): “For example, external attributions ͑i.e., management targets a cause external to the company in explaining their forecast͒ are generally viewed as informative, whereas internal attributions ͑i.e., management targets themselves as the cause͒ are not informative ͑Baginski et al. 2004͒.”