Pro Forma Disclosure and Investor Sophistication: External Validation of Experimental Evidence Using Archival Data

By Kristian D. Allee, Nilabhra Bhattacharya, Ervin L. Black, Theodore E. Christensen. 2007

152 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/23f16d1bfd0dc827bb8c047a6f438a4adfb6ff2a

Citations in the corpus

• The Disclosure of Non-GAAP Earnings Information in the Presence of Transitory Gains (2014, unknown): “In addition, there is evidence that investors—especially unsophisticated investors—are subject to processing costs (e.g., Frederickson and Miller 2004; Elliott 2006; Allee et al. 2007).”
• Non-GAAP earnings and board independence (2011, unknown): “Along these lines, Bhagat and Black (2002) do not find an association between board independence and long-term firm performance.”