Investors and analysts look to a company’s management forecasts to predict upcoming earnings announcements and decide whether to buy or sell its stock. Once earnings are actually reported, those forecasts become useless. Or do they?
The Accounting Review
The worry that a competitor will steal a big idea keeps some innovators from sharing the details. But new research from the University of Maryland finds that the most innovative firms see more value in sharing information about new advances than keeping it under wraps.
In the grand scheme of the economy, the accounting information that individual firms report can have big impacts. Here’s why.
Companies want smart, experienced board members. Unfortunately, the best candidates are in high demand, and some serve on multiple boards simultaneously.
No firm gets their undivided attention, which limits the potential benefits of landing a big name. But new research, co-authored by Emanuel Zur at the University of Maryland’s Robert H. Smith School of Business, explores another factor that works in the opposite direction.