Exportar Publicação

Isidro, H., Marques, A. & Guillamon Saorin, E. (2013). Impression Management and Non-GAAP Disclosure in Earnings Announcements. Recent developments in Internacional Accounting.

H. O. Isidro et al.,  "Impression Management and Non-GAAP Disclosure in Earnings Announcements", in Recent developments in Internacional Accounting, Miami, 2013

@misc{isidro2013_1714830420589,
	author = "Isidro, H. and Marques, A. and Guillamon Saorin, E.",
	title = "Impression Management and Non-GAAP Disclosure in Earnings Announcements",
	year = "2013",
	howpublished = "Outro",
	url = ""
}

TY  - CPAPER
TI  - Impression Management and Non-GAAP Disclosure in Earnings Announcements
T2  - Recent developments in Internacional Accounting
AU  - Isidro, H.
AU  - Marques, A.
AU  - Guillamon Saorin, E.
PY  - 2013
CY  - Miami
AB  - We study the disclosure of non-GAAP earnings combined with impression management techniques in earnings announcement press releases. We find that managers who exclude recurring earnings components from their self-constructed non-GAAP earnings figures use higher impression management in earnings press releases. This finding is consistent with the strategic use of impression management to hide the persistence of non-GAAP adjustments, and consequently to overstate the persistence of non-GAAP earnings. Our market reaction tests indicate that both investors and financial analysts are able to identify managers’ intentions and react negatively to the disclosure of non-GAAP information that is combined with high impression management
ER  -