Earnings Announcements and Competing Information

By Jennifer Francis, Katherine Schipper, L. Vincent. 2002

242 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/380674c9634f457acbd06c5a3f6460ef0de6de3b

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Citations in the corpus

Beyond the Numbers: Measuring the Information Content of Earnings Press Release Language (2011, methodology): “Prior research shows that the information content of earnings press releases has increased with the inclus on of other, concurrent disclosures in the earnings annou cement, particularly the provision of detailed income statements (Francis et al. 2002b).”
The Effect of Private Information and Monitoring on the Role of Accounting Quality in Investment Decisions (2009, unknown): “For example, Francis, Schipper, and Vincent (2002) find a positive association between the market reaction to analysts’ reports and quarterly earnings announcement.”
Louis Working Paper Series Beyond the Numbers : An Analysis of Optimistic and Pessimistic Language in Earnings Press Releases (2006, background): “Hoskin et al. (1986) and Francis et al. (2002b) document that officer quotations included in earnings press releases provide information incremental to other components of the press release.”
Information interpretation or information discovery: which role of analysts do investors value more? (2012, unknown): “Chen et al. (2010) reconcile with Francis et al. (2002) by correcting the sample selection biases in Francis et al. (2002).”
Analysts' Conflict of Interest and Biases in Earnings Forecasts (2007, unknown): “Intriguingly, despite the reduction in the magnitude of surprises over the sample period, the market response to the information contained in earnings surprises has not diminished (see, for example, Francis et al. (2002), Landsman and Maydew (2002)).”
On the Relationship between Analyst Reports and Corporate Disclosures: Exploring the Roles of Information Discovery and Interpretation (2010, methodology): “This overall negative relation is at odds with the positive “complementary” relation found in Francis et al. (2002).”
Got Information? Investor Response to Form 10-K and Form 10-Q EDGAR Filings (2003, background): “A time-related change in investor response could also result from an increase in the uniformity of the lag between filing receipt and public posting during the study period (e.g., Campbell et al., 2001), greater use of the EDGAR system by investors because of lower trading costs (e.g., Asthana and B”