Matches in SemOpenAlex for { <https://semopenalex.org/work/W2140562920> ?p ?o ?g. }
- W2140562920 abstract "This paper investigates how firms react strategically to investor sentiment via their disclosure policies in an attempt to influence the sentiment-induced biases in expectations. Proxying for sentiment using the Michigan Consumer Confidence Index, we show that during low-sentiment periods, managers increase forecasts to walk up current estimates of future earnings over long horizons. In contrast, during periods of high sentiment, managers reduce their long-horizon forecasting activity. Further, while there is an association between sentiment and the biases in analysts' estimates of future earnings, management disclosures vary with sentiment even after controlling for analyst pessimism, indicating that managers attempt to communicate with investors at large, and not just analysts. Our study provides evidence that firms' long-horizon disclosure choices reflect managers' desire to maintain optimistic earnings valuations." @default.
- W2140562920 created "2016-06-24" @default.
- W2140562920 creator A5002580237 @default.
- W2140562920 creator A5024556626 @default.
- W2140562920 date "2008-01-01" @default.
- W2140562920 modified "2023-09-24" @default.
- W2140562920 title "Investor Sentiment and Corporate Disclosure" @default.
- W2140562920 cites W143110119 @default.
- W2140562920 cites W1505552448 @default.
- W2140562920 cites W1595592188 @default.
- W2140562920 cites W1678156162 @default.
- W2140562920 cites W2011084095 @default.
- W2140562920 cites W2031987703 @default.
- W2140562920 cites W2050643653 @default.
- W2140562920 cites W2052758069 @default.
- W2140562920 cites W2088556288 @default.
- W2140562920 cites W2091165963 @default.
- W2140562920 cites W2094863662 @default.
- W2140562920 cites W2105348323 @default.
- W2140562920 cites W2128127523 @default.
- W2140562920 cites W2131054604 @default.
- W2140562920 cites W2139998203 @default.
- W2140562920 cites W2146181949 @default.
- W2140562920 cites W2146188630 @default.
- W2140562920 cites W2146587342 @default.
- W2140562920 cites W2146838444 @default.
- W2140562920 cites W2150503288 @default.
- W2140562920 cites W2154860111 @default.
- W2140562920 cites W2154904812 @default.
- W2140562920 cites W2156864994 @default.
- W2140562920 cites W2161761757 @default.
- W2140562920 cites W2252783062 @default.
- W2140562920 cites W2332111358 @default.
- W2140562920 cites W2568096850 @default.
- W2140562920 cites W3121467893 @default.
- W2140562920 cites W3121959657 @default.
- W2140562920 cites W3122268379 @default.
- W2140562920 cites W3122351246 @default.
- W2140562920 cites W3122656306 @default.
- W2140562920 cites W3122727838 @default.
- W2140562920 cites W3123529374 @default.
- W2140562920 cites W3123785587 @default.
- W2140562920 cites W3123833694 @default.
- W2140562920 cites W3125780646 @default.
- W2140562920 cites W3125941754 @default.
- W2140562920 doi "https://doi.org/10.2139/ssrn.1104444" @default.
- W2140562920 hasPublicationYear "2008" @default.
- W2140562920 type Work @default.
- W2140562920 sameAs 2140562920 @default.
- W2140562920 citedByCount "32" @default.
- W2140562920 countsByYear W21405629202012 @default.
- W2140562920 countsByYear W21405629202013 @default.
- W2140562920 countsByYear W21405629202014 @default.
- W2140562920 countsByYear W21405629202015 @default.
- W2140562920 countsByYear W21405629202016 @default.
- W2140562920 countsByYear W21405629202017 @default.
- W2140562920 countsByYear W21405629202018 @default.
- W2140562920 crossrefType "journal-article" @default.
- W2140562920 hasAuthorship W2140562920A5002580237 @default.
- W2140562920 hasAuthorship W2140562920A5024556626 @default.
- W2140562920 hasConcept C106159729 @default.
- W2140562920 hasConcept C111472728 @default.
- W2140562920 hasConcept C119857082 @default.
- W2140562920 hasConcept C121955636 @default.
- W2140562920 hasConcept C136764020 @default.
- W2140562920 hasConcept C138885662 @default.
- W2140562920 hasConcept C144133560 @default.
- W2140562920 hasConcept C162118730 @default.
- W2140562920 hasConcept C162324750 @default.
- W2140562920 hasConcept C162853370 @default.
- W2140562920 hasConcept C2777382242 @default.
- W2140562920 hasConcept C2781426361 @default.
- W2140562920 hasConcept C41008148 @default.
- W2140562920 hasConcept C556758197 @default.
- W2140562920 hasConcept C66402592 @default.
- W2140562920 hasConcept C96405632 @default.
- W2140562920 hasConcept C9992130 @default.
- W2140562920 hasConceptScore W2140562920C106159729 @default.
- W2140562920 hasConceptScore W2140562920C111472728 @default.
- W2140562920 hasConceptScore W2140562920C119857082 @default.
- W2140562920 hasConceptScore W2140562920C121955636 @default.
- W2140562920 hasConceptScore W2140562920C136764020 @default.
- W2140562920 hasConceptScore W2140562920C138885662 @default.
- W2140562920 hasConceptScore W2140562920C144133560 @default.
- W2140562920 hasConceptScore W2140562920C162118730 @default.
- W2140562920 hasConceptScore W2140562920C162324750 @default.
- W2140562920 hasConceptScore W2140562920C162853370 @default.
- W2140562920 hasConceptScore W2140562920C2777382242 @default.
- W2140562920 hasConceptScore W2140562920C2781426361 @default.
- W2140562920 hasConceptScore W2140562920C41008148 @default.
- W2140562920 hasConceptScore W2140562920C556758197 @default.
- W2140562920 hasConceptScore W2140562920C66402592 @default.
- W2140562920 hasConceptScore W2140562920C96405632 @default.
- W2140562920 hasConceptScore W2140562920C9992130 @default.
- W2140562920 hasLocation W21405629201 @default.
- W2140562920 hasOpenAccess W2140562920 @default.
- W2140562920 hasPrimaryLocation W21405629201 @default.
- W2140562920 hasRelatedWork W133125620 @default.
- W2140562920 hasRelatedWork W2156756443 @default.
- W2140562920 hasRelatedWork W2159232701 @default.