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Keywords: guidance accuracy
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Journal Articles
Accounting Horizons (2023) 37 (1): 121–142.
Published: 01 March 2023
... guidance accuracy Research over at least the last three decades has consistently reported stronger investor responses to bad news guidance than to good news guidance. 1 Consequently, researchers have generally inferred that investors are skeptical of good news guidance because managers...
Includes: Supplementary data