journal article Jan 01, 2003

Emphasis on Pro Forma versus GAAP Earnings in Quarterly Press Releases: Determinants, SEC intervention, and Market Reactions

View at Publisher Save 10.2139/ssrn.399980
Topics

No keywords indexed for this article. Browse by subject →

References
27
[1]
W Aerts "Inertia in the attributional content of annual accounting narratives" The European Accounting Review (2001) 10.1080/09638180122562
[2]
J Bettman "Attributions in the boardroom: Causal reasoning in corporate annual reports" Administrative Science Quarterly (1983) 10.2307/2392616
[3]
N Bhattacharya "Assessing the relative informativeness and permanence of pro form earnings and GAAP operating earnings" Journal of Accounting and Economics (2003) 10.1016/j.jacceco.2003.06.001
[4]
R Bloomfield "The "incomplete revelation hypothesis" and financial reporting" Accounting Horizons (2002) 10.2308/acch.2002.16.3.233
[5]
M Bradshaw "GAAP versus The Street: An empirical assessment of two alternative definitions of earnings" Journal of Accounting Research (2002) 10.1111/1475-679x.00038
[6]
D Burgstahler "Earnings management to avoid earnings decreases and losses" Journal of Accounting and Economics (1997) 10.1016/s0165-4101(97)00017-7
[7]
D Collins "Changes in the value-relevance of earnings and book values over the past forty years" Journal of Accounting and Economics (1997) 10.1016/s0165-4101(97)00015-3
[8]
D Collins "Equity valuation and negative earnings: The role of book value of equity" The Accounting Review (1999) 10.2308/accr.1999.74.1.29
[9]
S Chen "Voluntary disclosure of balance sheet information in quarterly earnings announcements" Journal of Accounting and Economics (2002) 10.1016/s0165-4101(02)00043-5
[10]
A Davis "The value relevance of revenue for internet firms: Does reporting grossed-up or barter revenue make a difference" Journal of Accounting Research (2002) 10.1111/1475-679x.00056
[11]
W B Elliott Are investors influenced by pro forma emphasis and reconciliations in earnings announcements? University of Illinois working paper (2005) 10.2139/ssrn.497548
[12]
J Francis "Have financial statements lost their relevance" Journal of Accounting Research (1999) 10.2307/2491412
[13]
J Francis "The relative and incremental explanatory power of earnings and alternative (to earnings) performance measures for returns" Contemporary Accounting Research (2003) 10.1506/xvqv-nq4a-08ex-fc8a
[14]
L Franzen The nature of losses and value relevance of earnings (2002)
[15]
M Gibbins "The management of corporate financial disclosure: Opportunism, ritualism, policies and processes" Journal of Accounting Research (1990) 10.2307/2491219
[16]
J Graham "The Economic Implications of Corporate Financial Reporting" Journal of Accounting and Economics (2004) 10.3386/w10550
[17]
W H Greene Econometric Analysis (1993)
[18]
C Hayn "The information content of losses" Journal of Accounting and Economics (1995) 10.1016/0165-4101(95)00397-2
[19]
P Huber "The behavior of maximum likelihood estimates under nonstandard conditions" Procedures of the Fifth Annual Berkeley Symposium on Mathematical Statistics and Probability (1967)
[20]
M Lang "Corporate disclosure policy and analyst behavior" The Accounting Review (1996)
[21]
B Lev "The boundaries of financial reporting and how to extend them" Journal of Accounting Research (1999) 10.2307/2491413
[22]
B Lougee "Earnings informativeness and strategic disclosure: An empirical examination of 'pro forma' earnings" The Accounting Review (2004) 10.2308/accr.2004.79.3.769
[23]
National Investor Relations Institute (NIRI) (2001)
[24]
"NIRI guidelines to improve earnings releases" National Investor Relations Institute (NIRI) (2002)
[25]
C Schrand "Strategic benchmarks in earnings announcements: The selective disclosure of prior-period earnings components" The Accounting Review (2000) 10.2308/accr.2000.75.2.151
[26]
Cautionary advice regarding the use of "proforma" financial information in earnings releases. Release Nos. 33-8039, 34-45124, FR-59 (2001)
[27]
Proposed Rule: Conditions for the use of non-GAAP financial measures. Release Nos (2002)
Metrics
10
Citations
27
References
Details
Published
Jan 01, 2003
Cite This Article
Robert M. Bowen, Angela K. Davis, Dawn A. Matsumoto (2003). Emphasis on Pro Forma versus GAAP Earnings in Quarterly Press Releases: Determinants, SEC intervention, and Market Reactions. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.399980
Related

You May Also Like