Confident and optimistic forward-looking statements and the moderating influence of quantitative earnings forecasts

• المؤلف الرئيسي: Chee, Vincent Guo Qiang
• مؤلفون آخرون: -
• التنسيق: Theses and Dissertations
• اللغة: English
• منشور في: Nanyang Technological University 2018
• الموضوعات: DRNTU::Business::Finance::Corporate governance
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/73868
• المؤسسة: Nanyang Technological University

In this paper, I examine the impact of confident-plus-optimistic qualitative forward-looking statements on investors’ judgments. I find that investors’ valuation judgments are less favorable when investors see a confident-plus-optimistic qualitative forward-looking statement in the earnings press re...