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Keywords: nonprofessional investors
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Journal Articles
Journal:
Behavioral Research in Accounting
Behavioral Research in Accounting (2020) 32 (1): 1–20.
Published: 01 March 2020
... professional and nonprofessional investors (e.g., Hirst and Hopkins 1998 ; Maines and McDaniel 2000 ; Elliott 2006 ). Markup has the potential to “level the playing field” for less sophisticated investors, especially relevant as there is evidence of its use among professional investors ( Morningstar 2016...
Journal Articles
Journal:
Behavioral Research in Accounting
Behavioral Research in Accounting (2013) 25 (1): 37–60.
Published: 01 February 2013
... that nonprofessional investors' current fiscal year earnings performance, earnings potential, and investment amount judgments are all influenced by graphical displays, which include pro forma as opposed to GAAP-only earnings information. Graphical displays of pro forma earnings information do not influence...