Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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C: FINANCE63YPG
This study investigates whether impending credit rating changes affect managers’ voluntary financial disclosure behaviors. I find that firms near a credit rating change do not opportunistically alter their financial disclosure practices to manipulate rating agencies’ perceptions about corporate credit risk. In particular, firms close to a credit rating change do not selectively release good news or withhold bad news in their earnings forecasts. Nor do the firms likely issue an optimistically biased forecast or a more precise forecast for good news than for bad news. Overall, there is no evidence suggesting that credit ratings are manipulated via management earnings forecasts.
Guanming He. 2018. \u201cThe Impact of Impending Credit Rating Changes on Management Earnings Forecasts\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 18 (GJMBR Volume 18 Issue C4): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
The methods for personal identification and authentication are no exception.
The methods for personal identification and authentication are no exception.
Total Score: 131
Country: United Kingdom
Subject: Global Journal of Management and Business Research - C: Finance
Authors: Guanming He (PhD/Dr. count: 0)
View Count (all-time): 144
Total Views (Real + Logic): 3231
Total Downloads (simulated): 1583
Publish Date: 2018 06, Tue
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Neural Networks and Rules-based Systems used to Find Rational and
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This study investigates whether impending credit rating changes affect managers’ voluntary financial disclosure behaviors. I find that firms near a credit rating change do not opportunistically alter their financial disclosure practices to manipulate rating agencies’ perceptions about corporate credit risk. In particular, firms close to a credit rating change do not selectively release good news or withhold bad news in their earnings forecasts. Nor do the firms likely issue an optimistically biased forecast or a more precise forecast for good news than for bad news. Overall, there is no evidence suggesting that credit ratings are manipulated via management earnings forecasts.
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