Article ID Journal Published Year Pages File Type
5086806 Journal of Accounting and Economics 2012 23 Pages PDF
Abstract
► Is General Counsel in Top Management related to properties of management forecast? ► Firms with GC in TM are more likely to issue MFs, particularly bad news forecasts. ► MFs issued by firms with GC in TM are less optimistic and more accurate. ► The stock price reaction to MFs is stronger for firms with GC in TM. ► The composition of TM with GC affects the corporate disclosure policy.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Accounting
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