- Relative Performance Goals and Management Earnings Guidance🔍
- Relative Performance Evaluation and Long|Term Incentives🔍
- Earnings Performance Targets in Annual Incentive Plans and ...🔍
- Relative Performance Evaluation and Earnings Management†🔍
- Relative performance evaluation and investment efficiency🔍
- Relative Performance Evaluation and the Timing of Earnings Release🔍
- Relative Performance Evaluation and Earnings Management*🔍
- Relative performance evaluation and the timing of earnings release🔍
Relative Performance Goals and Management Earnings Guidance
Relative Performance Goals and Management Earnings Guidance
We find that forecasts by managers compensated via relative performance (RP) goals are more likely to be pessimistic and less accurate than those by managers ...
Relative Performance Goals and Management Earnings Guidance
We examine managers' earnings forecasts for evidence of incentive alignment or subversion characteristics. We find that forecasts by managers compensated ...
Relative Performance Goals and Management Earnings Guidance
We examine managers' earnings forecasts for evidence of incentive alignment or subversion characteristics. We find that forecasts by managers ...
Relative Performance Goals and Management Earnings Guidance
Relative Performance Goals and Management Earnings Guidance ... To read the full-text of this research, you can request a copy directly from the authors.
greater control over the firm's strategic direction and when peer earnings likely reflect persistent ... Financial Management 49 (4): 997–1027. Ball R. T., J.
Relative Performance Goals and Management Earnings Guidance
Baginski, S. P., Conrad, E. J., & Hassell, J. M. (1993). The effects of management forecast precision on equity pricing and on the assessment of earnings ...
Earnings Performance Targets in Annual Incentive Plans and ...
Prior research shows that both CEOs and CFOs have significant influence in shaping management earnings guidance, although CEOs are more influential (Bamber, ...
Relative Performance Evaluation and Earnings Management†
I find that the op- timal contract will make less use of RPE if the CEO can more easily misreport the performance measure. Thus, my paper provides guidance to ...
Relative performance evaluation and investment efficiency
The rationale for RPE-based incentive plan to improve investment efficiency lies in its role in providing incentives while also partially insulating managers ...
Relative Performance Evaluation and the Timing of Earnings Release
This finding is more pronounced when incentives to achieve performance targets are stronger, when announcing later than peers provides managers with more ...
Relative Performance Evaluation and Earnings Management* - Infuehr
In this paper, I highlight one weakness of relative performance evaluation (RPE). When earnings management is possible, benchmarking creates ...
Relative performance evaluation and the timing of earnings release
Since observing more peers' performance allows managers to better estimate the performance level required to achieve RPE targets, we conjecture that releasing ...
Management Earnings Forecasts and Other Forward-Looking ...
2011 (“…the lack of. Page 7. 6 earnings guidance when performance ... Expectations Management and Beatable Targets: How Do Analysts React to Explicit Earnings ...
Abstract: I examine the claim that managers who issue quarterly earnings guidance sacrifice long-term value to enhance short-term performance, i.e., ...
In particular, the literature shows that the market responds to short term performance even in the absences of prior guidance. Further, firms' which curtail.
Are all management earnings forecasts created equal? expectations ...
... forecast current-period earnings, performance ... Expectations management and beatable targets: how do analysts react to public earnings guidance?
Management Earnings Forecasts as a Performance Target in ...
Therefore, we conjecture that positive forecast innovations are used for aggressive earnings targets in compensation contracts if shareholders use initial ...
We measure disclosure dates using data on voluntary earnings guidance from I/B/E/S. ... treatment group; relative profit- peers form our ...
Balancing Multiple Goals: The Effects of Performance Shortfalls ...
Research commonly assumes that performance gap relative to aspirations (manifested in the difference between a firm's actual ROA and its ...
Quarterly earnings guidance and real earnings management
(2009) document that firms beating short-term earnings targets with lower discretionary expenditures underperform in the long term, relative to ...