Do Managers Define Non-GAAP Earnings to Meet or Beat Analyst Forecasts?

By Jeffrey T. Doyle, Jared N. Jennings, Mark T. Soliman. 2013

318 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/9c24e5404abe091af4f8a6abf0f3bc80b234670f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Benjamin C. Whipple
2. Charles Hsu
3. Theodore E. Christensen
4. Kurt H. Gee
5. Benjamin Segal
6. Rencheng Wang
7. Gilles Hilary
8. Mark Bradshaw

In Strategy and Management

1. Charles Hsu
2. Theodore E. Christensen
3. Benjamin C. Whipple
4. Kurt H. Gee
5. Benjamin Segal
6. Rencheng Wang
7. Gilles Hilary
8. Mark Bradshaw

Citations in the corpus

• The Bright Side of Managerial Over-Optimism (2016, background): “Electronic copy available at: https://ssrn.com/abstract=2286226 28 directors (e.g., Ajinkya et al., 2005), the amount of special items reported in earnings, total accruals, sales growth, year and fourth quarter indicator variables (e.g., Doyle et al., 2013).”
• The Disclosure of Non-GAAP Earnings Information in the Presence of Transitory Gains (2014, unknown): “2 See for example, Bradshaw and Sloan 2002; Bhattacharya et al. 2003; Doyle et al. 2003; Lougee and Marqu dt 2004; Johnson and Schwartz 2005; Black and Christensen 2009; Frankel et al. 2011; Doyle et al. 2013.”
• Analysts’ GAAP earnings forecasts and their implications for accounting research (2018, methodology): “Finally, Low Forecast is our proxy for firms that are able to walk down analysts’ forecasts and equals one for firms with abnormally low forecasts relative to a predicted model (Matsumoto, 2002; Doyle et al., 2013).”