Financial reporting of good news and bad news: evidence from accounting narratives

By Mark A. Clatworthy, Michael John Jones. 2003

479 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/69d5dce45cee38cda4f10af91cfbd496abe7d078

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Citations in the corpus

Executive Hubris: The Case of a Bank CEO (2013, background): “As highlighted by Clatworthy and Jones (2003), sentences need specific substantiation, that is, they must refer to specific aspects of company performance.”
Impression Management: Developing and Illustrating a Scheme of Analysis for Narrative Disclosures - A Methodological Note (2008, unknown): “…explanations) • Baginski et al. (2000) (Manual coding of internal / external causes) • Hooghiemstra (2001) (Performance explanations, Technical language) • Aerts (2001) (Analysis of performance explanations) • Clatworthy and Jones (2003)4 • Lee et al. (2004) (Attributional statements) • Baginski…”
Are Investors Influenced By How Earnings Press Releases Are Written? (2008, unknown): “In the chairman’s statements, executives tend to take credit for good results but blame negative results on environmental factors, consistent with attribution theory (Clatworthy & Jones, 2003).”
A conceptual framework of impression management: new insights from psychology, sociology and critical perspectives (2011, methodology): “…of shareholders and stakeholders who judge managerial performance, it is conceptualised as self-serving bias executed by attributing positive organisational outcomes to internal factors and negative organisational outcomes to external circumstances (Aerts, 1994, 2001; Clatworthy and Jones, 2003).”
The tone of business model disclosure: an impression management analysis of the integrated reports (2015, methodology): “Proving the influence that both corporate governance and performance have on thematic manipulation, we also contribute to the literature studying the ‘‘determinants’’ of disclosure manipulation (Clatworthy and Jones 2003; Osma and Guillamón-Saorı́n 2011; Schleicher and Walker 2010).”
Discretionary Disclosure Strategies in Corporate Narratives: Incremental Information or Impression Management? (2008, unknown): “[2004](9) examine whether the impression of performance varies according to (1) access to information (narrative sections as opposed to full annual report) and (2) financial expertise of respondents (marketing students as opposed to accounting students).”
Market Reaction to Verbal Components of Earnings Press Releases: Event Study Using a Predictive Algorithm (2006, unknown): “For example, Clatworthy and Jones (2003) use computers to obtain frequency counts, but semantic coding is done manually.”
Genre Analysis of Corporate Annual Report Narratives (2005, result): “…example, Watts & Zimmerman, 1978) and evidence of apparent impression management in accounting narratives has been found in several thematic studies: For recent evidence relating to the United Kingdom and references to other studies, see Sydserff and Weetman (2002) and Clatworthy and Jones (2003).”
Intellectual capital disclosure in integrated reporting: an impression management analysis (2015, background): “Dumay and Cai (2014) call for research analysing the ICD offered in the IR; the current study is an attempt to respond to this call and draws on the impression management (IM) framework (Brennan et al.”
Disclosure Measurement in the Empirical Accounting Literature - A Review Article (2010, methodology): “In addition, there is an increasing support for the importance of narrative disclosure in explaining and offering useful insights about quantitative measures included in the disclosure vehicle (e.g., Abrahamson and Amir, 1996; Rogers and Grant, 1997; Smith and Taffler, 2000; Clatworthy and Jones, 20”
The perceived credibility of forward-looking performance disclosures (2014, unknown): “Clatworthy and Jones (2006) find that the chairman’s statement of unprofitable companies is subject to impression management.”
Natural Language Processing in Accounting, Auditing and Finance: A Synthesis of the Literature with a Roadmap for Future Research (2016, unknown): “…1972; Dolphin & Wagley, 1977; Healy, 1977; Holley & Early, 1980; Lebar, 1982; Courtis, 1986, 1995a, 1995b, 1998; Gibson & Schroeder, 1990; Schroeder & Gibson, 1990; Baker & Kare, 1992; Clatworthy & Jones, 2001, 2003, 2006; Lehavy et al., 2011; Smith & Smith, 1971; Smith & Taffler, 1992a, 1992b).”
Impression Management and Retrospective Sense-Making in Corporate Narratives: A Social Psychology Perspective (2011, background): “Impression management is viewed as a self-serving bias entailing, for example, the attribution of positive organisational outcomes to internal factors (taking responsibility for good performance) and of negative organisational outcomes to external circumstances (assigning blame for bad performance) ”