Earnings Guidance and Market Uncertainty

By Jonathan L. Rogers, Douglas J. Skinner, Andrew Van Buskirk. 2009

279 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/af4d9bee63f46f73256dab8adcc753c231aed530

How researchers see this paper

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

In Accounting

In Finance

Citations in the corpus

Narrative Disclosure and Earnings Performance: Evidence from R&D Disclosures (2014, unknown): “However, empirical evidence suggests that firm performance is negatively associated with information uncertainty (Brown et al. 2009; Ng et al. 2009; Rogers et al. 2009).”
How Much New Information is There in Earnings (2008, unknown): “17 This hypothesis due to Watts and Zimmerman (1986). Holthausen and Watts (2001) and Ball (2001) discuss the role of financial reporting in debt and compensation/governance contracting.”
Carbon Disclosure, Contextual Factors, and Information Asymmetry: The Case of Physical Risk Reporting (2018, background): “According to Brown et al. (2009) and Rogers et al. (2009) unexpected news can increase information asymmetry among market participants.”
On Guidance and Volatility (2015, methodology): “2014), other work links the issuance of negative earnings guidance to increased volatility (Rogers et al. 2009) and the frequency of annual guidance to heightened crash risk (Hamm et al.”
Managerial Incentives and Management Forecast Precision (2013, background): “13 The descriptive statistics on control variables are similar to those reported in other studies (e.g., Rogers 2008; Rogers et al. 2009; Yang 2012).”
Employee Ownership and Firm Disclosure (2015, methodology): “…we create a model that uses the same information structure as that in Arya and 9 In untabulated analysis, we assess the impact of employee bargaining power and employee ownership on the propensity for firms to issue sporadic bad news forecasts versus regular bad news forecasts (Rogers et al. 2009).”
What Do Management Earnings Forecasts Convey About the Macroeconomy (2013, unknown): “…reasoning, Kim et al. (2012) find that market wide volatility is negatively associated with prior 21 aggregate guidance provided to the market and Rogers et al. (2009) show that implied volatilities derived from traded option prices for a given firm are negatively associated with news conveyed…”
Audited Financial Reporting and Voluntary Disclosure as Complements: A Test of the Confirmation Hypothesis (2012, background): “, Simunic (1980), Dye (1993), Lys and Watts (1994), Shu (2000)) and make more voluntary disclosures (e.”
Textual risk disclosures and investors’ risk perceptions (2013, unknown): “Morck et al. (2000) argue that increased firm-level return volatility indicates more detailed firm-specific information being incorporated into stock prices.11 Shalen (1993) and Garfinkel (2009) use daily stock return volatility to proxy for diverging investor opinions.”