Market reaction to quantitative and qualitative order backlog disclosures
Tài liệu tham khảo
Assis, C., 2020. Tesla CFO: Vehicle Order Backlog ‘Highest Ever.’ MarketWatch, April 29, 2020.
Behn, 1996, Value implications of unfilled order backlogs, Adv. Account., 14, 61
Bernard, 1990, Evidence that stock prices do not fully reflect the implications of current earnings for future earnings, J. Account. Econ., 13, 305, 10.1016/0165-4101(90)90008-R
Bozanic, 2018, Management earnings forecasts and other forward-looking statements, J. Account. Econ., 65, 1, 10.1016/j.jacceco.2017.11.008
Daniel, 1997, Measuring mutual fund performance with characteristic-based benchmarks, J. Finance, 52, 1035, 10.1111/j.1540-6261.1997.tb02724.x
Fama, 1973, Risk, return and equilibrium: empirical tests, J. Polit. Econ., 81, 607, 10.1086/260061
Feldman, 2010, Management’s tone change, post earnings announcement drift and accruals, Rev. Acc. Stud., 15, 915, 10.1007/s11142-009-9111-x
Francis, 2003, The relative and incremental information content of alternative to earnings performance measures, Contemp. Account. Res., 20, 121, 10.1506/XVQV-NQ4A-08EX-FC8A
Francis, 2007, Information uncertainty and post-earnings-announcement drift, J. Bus. Finance Account., 34, 403, 10.1111/j.1468-5957.2007.02030.x
Givoli, 1982, Timeliness of annual earnings announcements: some empirical evidence, Account. Rev., 57, 486
Gow, 2010, Correcting for cross-sectional and time-series dependence in accounting research, Account. Rev., 85, 483, 10.2308/accr.2010.85.2.483
Gu, 2010, Sales order backlogs and momentum profits, J. Bank. Finance, 34, 1564, 10.1016/j.jbankfin.2010.03.003
Gu, L., Wang, Z., Ye, J., 2008. Information in Order Backlog: Change versus Level. Working Paper Xiamen University, Fujian.
Healy, 2001, Information asymmetry, corporate disclosure, and the capital markets: a review of the empirical disclosure literature, J. Account. Econ., 31, 405, 10.1016/S0165-4101(01)00018-0
Huang, 2014, Tone management, Account. Rev., 89, 1083, 10.2308/accr-50684
Josephs, L., 2020. ‘Humbled’ Boeing Scores First New 737 Max Orders Since November, CNBC, August 19, 2020.
1992
Lerman, 2010, The new form 8-K disclosures, Rev. Acc. Stud., 15, 752, 10.1007/s11142-009-9114-7
Lev, 1993, Fundamental information analysis, J. Account. Res., 31, 190, 10.2307/2491270
Livnat, 2011, Accessing inventory management and capacity requirements using financial reports, Bridging the GAAP: Recent Advances in Finance and Accounting, World Scientific Series in Finance:, 1, 93, 10.1142/9789814350013_0005
Loughran, 2011, When is a liability not a liability? Textual analysis, dictionaries, and 10-Ks, J. Finance, 66, 35, 10.1111/j.1540-6261.2010.01625.x
Manfredi, L., 2020. Luxury Home Contracts Hit Record Quarter for Toll Brothers. Fox Business News, August 25, 2020.
Mishkin, 1983
Petersen, 2009, Estimating standard errors in finance panel data sets: comparing approaches, Rev. Financ. Stud., 22, 435, 10.1093/rfs/hhn053
Rajgopal, 2003, Does the stock market fully appreciate the implications of leading indicators for future earnings? Evidence from order backlog, Rev. Acc. Stud., 8, 461, 10.1023/A:1027364031775
Toynbee, S., 2018. Implications of Disclosing Order Backlog. Working Paper. University of Texas at Austin.
Zhou, D., 2018. The Blame Game. Working paper, Baruch College, CUNY, available on SSRN.
