Matches in SemOpenAlex for { <https://semopenalex.org/work/W2395468059> ?p ?o ?g. }
- W2395468059 abstract "I investigate whether managerial motivations for issuing management forecasts impact the relation between forecast policies and the cost of equity capital. Extant research on the relation between voluntary disclosure and the cost of equity capital assumes that management discloses information to credibly adjust investor expectations and, thus, lower cost of capital. My study is motivated by the low likelihood that all management forecasts yield the credible information underlying the beneficial effect on cost of equity capital. Drawing from the literature on management forecast incentives, I classify management forecast motivations other than cost of capital reduction into three categories: (1) compliance with exchange rules, (2) opportunism to benefit managerial self-interests, and (3) opportunism to benefit aligned managerial/existing shareholder interests. I find that, of firms that forecast, those with policies containing higher percentages of forecasts motivated by rule compliance, managerial opportunism, and aligned managerial/existing shareholder opportunism have higher cost of equity capital. Thus, evidence suggests that underlying forecast motivations impact the management earnings forecast policy-cost of equity capital relation." @default.
- W2395468059 created "2016-06-24" @default.
- W2395468059 creator A5022548419 @default.
- W2395468059 date "2016-01-01" @default.
- W2395468059 modified "2023-09-25" @default.
- W2395468059 title "Management Earnings Forecast Policies and the Cost of Equity Capital: Do Motives Matter?" @default.
- W2395468059 cites W1567926741 @default.
- W2395468059 cites W1842033523 @default.
- W2395468059 cites W1896530750 @default.
- W2395468059 cites W1901184732 @default.
- W2395468059 cites W1971228705 @default.
- W2395468059 cites W1977307265 @default.
- W2395468059 cites W2001727087 @default.
- W2395468059 cites W2003367865 @default.
- W2395468059 cites W2025186758 @default.
- W2395468059 cites W206890942 @default.
- W2395468059 cites W2082173749 @default.
- W2395468059 cites W2102130722 @default.
- W2395468059 cites W2102503766 @default.
- W2395468059 cites W2104397902 @default.
- W2395468059 cites W2111057298 @default.
- W2395468059 cites W2112442687 @default.
- W2395468059 cites W2124762457 @default.
- W2395468059 cites W2130497984 @default.
- W2395468059 cites W2131190424 @default.
- W2395468059 cites W2140524459 @default.
- W2395468059 cites W2140584608 @default.
- W2395468059 cites W2146299832 @default.
- W2395468059 cites W2146838444 @default.
- W2395468059 cites W2148092251 @default.
- W2395468059 cites W2151025851 @default.
- W2395468059 cites W2152218822 @default.
- W2395468059 cites W2154621866 @default.
- W2395468059 cites W2157151528 @default.
- W2395468059 cites W2159630162 @default.
- W2395468059 cites W2161765111 @default.
- W2395468059 cites W2168178317 @default.
- W2395468059 cites W2168849258 @default.
- W2395468059 cites W2212314010 @default.
- W2395468059 cites W3121350720 @default.
- W2395468059 cites W3121359908 @default.
- W2395468059 cites W3121403570 @default.
- W2395468059 cites W3122244546 @default.
- W2395468059 cites W3122626829 @default.
- W2395468059 cites W3122934442 @default.
- W2395468059 cites W3123004495 @default.
- W2395468059 cites W3123400243 @default.
- W2395468059 cites W3124116358 @default.
- W2395468059 cites W3124302443 @default.
- W2395468059 cites W3125264629 @default.
- W2395468059 cites W3125543767 @default.
- W2395468059 cites W3125782662 @default.
- W2395468059 cites W3125986864 @default.
- W2395468059 cites W972240798 @default.
- W2395468059 doi "https://doi.org/10.2139/ssrn.2781741" @default.
- W2395468059 hasPublicationYear "2016" @default.
- W2395468059 type Work @default.
- W2395468059 sameAs 2395468059 @default.
- W2395468059 citedByCount "1" @default.
- W2395468059 countsByYear W23954680592016 @default.
- W2395468059 crossrefType "journal-article" @default.
- W2395468059 hasAuthorship W2395468059A5022548419 @default.
- W2395468059 hasConcept C10138342 @default.
- W2395468059 hasConcept C129631789 @default.
- W2395468059 hasConcept C137577040 @default.
- W2395468059 hasConcept C143801662 @default.
- W2395468059 hasConcept C144133560 @default.
- W2395468059 hasConcept C162324750 @default.
- W2395468059 hasConcept C162704800 @default.
- W2395468059 hasConcept C175444787 @default.
- W2395468059 hasConcept C17744445 @default.
- W2395468059 hasConcept C182299520 @default.
- W2395468059 hasConcept C186027771 @default.
- W2395468059 hasConcept C199539241 @default.
- W2395468059 hasConcept C199728807 @default.
- W2395468059 hasConcept C2781009383 @default.
- W2395468059 hasConcept C2781032883 @default.
- W2395468059 hasConcept C2781426361 @default.
- W2395468059 hasConcept C29122968 @default.
- W2395468059 hasConcept C34447519 @default.
- W2395468059 hasConcept C74734477 @default.
- W2395468059 hasConceptScore W2395468059C10138342 @default.
- W2395468059 hasConceptScore W2395468059C129631789 @default.
- W2395468059 hasConceptScore W2395468059C137577040 @default.
- W2395468059 hasConceptScore W2395468059C143801662 @default.
- W2395468059 hasConceptScore W2395468059C144133560 @default.
- W2395468059 hasConceptScore W2395468059C162324750 @default.
- W2395468059 hasConceptScore W2395468059C162704800 @default.
- W2395468059 hasConceptScore W2395468059C175444787 @default.
- W2395468059 hasConceptScore W2395468059C17744445 @default.
- W2395468059 hasConceptScore W2395468059C182299520 @default.
- W2395468059 hasConceptScore W2395468059C186027771 @default.
- W2395468059 hasConceptScore W2395468059C199539241 @default.
- W2395468059 hasConceptScore W2395468059C199728807 @default.
- W2395468059 hasConceptScore W2395468059C2781009383 @default.
- W2395468059 hasConceptScore W2395468059C2781032883 @default.
- W2395468059 hasConceptScore W2395468059C2781426361 @default.
- W2395468059 hasConceptScore W2395468059C29122968 @default.
- W2395468059 hasConceptScore W2395468059C34447519 @default.
- W2395468059 hasConceptScore W2395468059C74734477 @default.