The Association between the Legal and Financial Reporting Environments and Forecast Performance of Individual Analysts

Ran Barniv, Mark J. Myring, and Wayne B. Thomas

Abstract   Executive Summary   

Independence Threats, Litigation Risk, and the Auditor’s Decision Process

Allen D. Blay

Abstract   Executive Summary   

The Stock Price Reactions to the Repricing of Employee Stock Options

Barbara M. Grein, John M. R. Hand, and Kenneth J. Klassen

Abstract   Executive Summary   

Disclosure Policy and Market Liquidity: Impact of Depth Quotes and Order Sizes

Frank Heflin, Kenneth W. Shaw, and John J. Wild

Abstract   Executive Summary   

Determinants of Managerial Earnings Guidance Prior to Regulation Fair Disclosure and Bias in Analysts’ Earnings Forecasts

Amy P. Hutton

Abstract   Executive Summary   

Are Investors Misled by “Pro Forma” Earnings?

W. Bruce Johnson and William C. Schwartz Jr.

Abstract   Executive Summary   

Discussion of “Are Investors Misled by ‘Pro Forma’ Earnings?”

Philip Berger

R&D Reporting Biases and Their Consequences

Baruch Lev, Bharat Sarath, and Theodore Sougiannis

Abstract   Executive Summary   

An Investigation of the Valuation Relevance of Alternative Foreign Exchange Disclosures

Florin Sabac, Thomas W. Scott, and Heather A. Wier

Abstract   Executive Summary   

Evidence of Choice Avoidance in Capital Investment Judgements

Kimberly M. Sawers

Abstract   Executive Summary   

Audit Committees, Boards, and the Quality of Reported Earnings

Nikos Vafeas

Abstract   Executive Summary