2015 Fiscal Year Final Research Report
Disclosure Strategy of Management Earnings Forecast and Economic consequences
| Project/Area Number |
25780291
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Multi-year Fund |
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| Research Field |
Accounting
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| Research Institution | Asia University |
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Principal Investigator |
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Keywords | 業績予想 / 開示戦略 |
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| Outline of Final Research Achievements |
Management earnings forecasts disclosure in Japan is effectively mandated, and most listed firms report management forecasts. The management forecasts are very useful information for investors. So many studies on the management earnings forecasts have been performed. However, there is little studies which analyzes in consideration of the iterative nature of management earnings forecasts.
This study investigates the economic consequences of the management earnings forecasts in consideration of the iterative nature. To do this, this study identifies whether firms have a disclosure strategy on the management earnings forecasts, analyzes how do investors evaluate the disclosure strategy and what kinds of the disclosure strategy grow the firms.
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| Free Research Field |
財務会計
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