Why Firms Voluntarily Disclose Bad News

Good News and Bad News: Representation Theorems and Applications

1981 • 3,218 citations

The Informational Role of Warranties and Private Disclosure about Product Quality

1981 • 2,457 citations

Disclosure of Nonproprietary Information

1985 • 1,803 citations

Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test

1976 • 1,761 citations

Accounting choice in troubled companies

1994 • 871 citations

Financial disclosure policy in an entry game

1990 • 856 citations

Voluntary disclosure with a strategic opponent

1990 • 770 citations

Corporate Managers' Earnings Forecasts and Symmetrical Adjustments of Market Expectations

1984 • 646 citations

Write-Offs As Accounting Procedures to Manage Perceptions

1988 • 529 citations

An Empirical Investigation of the Voluntary Disclosure of Corporate Earnings Forecasts

1980 • 525 citations

Voluntary Forecast Disclosure, Nondisclosure, and Stock Prices

1990 • 513 citations

The Shareholder Suit: Litigation without Foundation?

1991 • 405 citations

Additional Evidence on the Information Content of Management Earnings Forecasts

1984 • 384 citations

Earnings Volatility and Voluntary Management Forecast Disclosure

1985 • 384 citations

The stock price effects of alternative types of management earnings forecasts

1993 • 342 citations

Do the Merits Matter? A Study of Settlements in Securities Class Actions

1991 • 320 citations

Unsystematic Security Price Movements, Management Earnings Forecasts, and Revisions in Consensus Analyst Earnings Forecasts

1987 • 313 citations

Disclosure Policies with Multiple Users

1993 • 248 citations

The Plaintiffs' Attorney's Role in Class Action and Derivative Litigation: Economic Analysis and Recommendations for Reform

1991 • 161 citations

Evidence On The Incremental Information-Content Of Additional Firm Disclosures Made Concurrently With Earnings

1986 • 146 citations

Attributes of News about Firms: An Analysis of Firm-Specific News Reported in the Wall Street Journal Index

1987 • 143 citations

Nondisclosure and Adverse Disclosure as Signals of Firm Value

1991 • 141 citations

The Law of Securities Regulation

1990 • 53 citations

Corporate Communications Handbook

1993 • 2 citations