WebThese results imply that investors obtain credible earnings information during site visits. This inference is also strengthened by a lack of stock price reversal in a period after site visits. 5. The role of corporate site visits in conveying … WebNov 5, 2024 · Institutional investors' corporate site visits will promote firms' corporate social responsibility performance. • Internal control and information disclosure rating mediate the effect of institutions' site visits on CSR performance. • Firms visited by institutions incline to disclose CSR reports voluntarily. Abstract
Corporate site visits, private information communication, and earnings ...
WebFeb 1, 2024 · The existing studies on corporate site visits have examined the impacts of corporate site visits on analysts' earnings forecast (Cheng et al., 2016;Han et al., … WebMay 4, 2024 · Specifically, we find that corporate site visits are associated with a lower level of accrual-based earnings management and a lower likelihood of financial violations and financial restatements. Moreover, we document a positive association between corporate site visits and the evaluation of earnings disclosure quality. th8321wf1001 honeywell thermostat
Under Watchful Eyes: Analyst Site Visits and Firm Earnings Management ...
WebFirst, the market reaction around corporate site visits is statistically and economically significant and is stronger for group visits, visits conducted by mutual fund managers, visits covering accounting and finance topics, visits to firms with poor information environments, and visits to manufacturing firms. WebCorporate site visits, private information communication, and earnings management: evidence from China. Yu Jiang, Adrian C.H. Lei, Tao Wang and Chuntao Li. Review of Accounting and Finance, 2024, vol. 21, issue 4, 249-273 WebJul 13, 2016 · The interviewed analysts confirmed that site visits could help them obtain both earnings- and non-earnings-related information, such as the strategic positioning of a business unit, the product, and other soft information (e.g., the firm’s relationship with the local government and banks). sym gts 200 price