Analyst Forecasts, Earnings Management, and Insider Trading Patterns: Incidence and Performance Consequences - Image 1

£58.00

VDM Verlag Analyst Forecasts, Earnings Management, and Insider Trading Patterns: Incidence and Performance Consequences

Name: Analyst Forecasts, Earnings Management, and Insider Trading Patterns: Incidence and Performance Consequences
Brand: VDM Verlag
Price: 58.0 GBP
Availability: InStock

Governmental

This is the most expensive it has ever been. Walk away.

£58 today · previous high £58 · all-time low £58

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 67 days · 67 data points (no recent data)

Historical

Generating forecast…

Price Distribution

Price distribution over 67 days • 1 price levels

Days at Price

Price Analysis

Most common price: £58 (67 days, 100.0%)

Price range: £58 - £58

Price levels: 1 different prices over 67 days

Description

For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets settings. In fact, it now appears that managerial ownership of stock itself may encourage earnings manipulations. In this study, we show that CEO insider trading, earnings manipulations, and the ability to meet and exceed market benchmarks are all interrelated. Managers manipulate earnings to exceed analyst earnings forecasts. Additionally, managerial insider selling increases with performance relative to analyst forecasts, and is magnified by stock option holdings. Insider selling is more intense among managers who have used earnings manipulations to exceed forecasts. Additionally, managers who sell following the announcement of an earnings surprise are able to earn abnormal profits. Firms having both positive earnings surprises and insider selling exhibit lower subsequent accounting performance. This study is of interest to academics, practitioners who are interested in the finer mechanisms of markets, and advanced finance students, alike.

Product Specifications

Brand: VDM Verlag
Format: paperback
ASIN: 383647395X
Category: Books > Subjects > Business, Finance & Law > Accounting > Governmental
Domain: Amazon UK
Publication Date: 18 March 2008
Listed Since: 31 March 2008

Barcode

No barcode data available

VDM Verlag Analyst Forecasts, Earnings Management, and Insider Trading Patterns: Incidence and Performance Consequences

This is the most expensive it has ever been. Walk away.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Stock Market Efficiency, Insider Dealing and Market Abuse

The Efficacy and Microstructure Effects of Insider Trading Regulations

Insider Trading: Global Developments and Analysis

Insider Trading and Market Manipulation: Investigating and Prosecuting Across Borders

Market Manipulation and Insider Trading: Regulatory Challenges in the United States of America, the European Union and the United Kingdom

Earnings Management: Emerging Insights in Theory, Practice, and Research: 3 (Springer Series in Accounting Scholarship, 3)

Corporate Governance and Quality of Earnings: A Comparative Analysis between a Common Law and a Code Law Country

Insider Trading: Global Developments and Analysis

Insider Trading: Law, Ethics, and Reform

Earnings Management: Emerging Insights in Theory, Practice, and Research: 3 (Springer Series in Accounting Scholarship, 3)

Comparative Research on Earnings Management, Corporate Governance, and Economic Value (Advances in Finance, Accounting, and Economics)

Earnings Management: Global Perspectives, Performance & Future Research (Management Science-Theory and Applications)

International Financial Reporting Standards and New Directions in Earnings Management (Advances in Finance, Accounting, and Economics)

The Financial Reporting Quality of Public Companies: The Cultural Dimension (Routledge Studies in Accounting)

International Securities Markets: Insider Trading Law in China (International Banking & Finance Law) (International Banking, Finance and Economic Law Series Set)

Comparative Research on Earnings Management, Corporate Governance, and Economic Value (Advances in Finance, Accounting, and Economics (Afae))

Springer - Toward an Integrative Explanation of Corporate Financial Performance

Integrated Reporting and Performance Measurement Systems (Routledge Studies in Accounting)

Unternehmenswertorientierte Berichterstattung auf Basis der IAS/IFRS: Eine bilanztheoretische und bilanzpolitische Betrachtung aus deutscher Sicht ... Steuerlehre und Controlling)

Asian Financial Statement Analysis: Detecting Financial Irregularities (Wiley Finance)

Routledge Corporate Liability for Insider Trading Book

Economics of Accounting: Information in Markets: 1 (Springer Series in Accounting Scholarship, 1)

Segmentberichterstattung und Corporate Governance: Grenzen des Management Approach (Rechnungswesen und Unternehmensüberwachung)

Corporate Financial Reporting: Theory and Practice