Explaining Investors' Fixation on Increasing Revenue: An Experimental Investigation of the Differential Reaction to Revenues versus Expenses*

Author:

Smith James1,Wynes Michael2

Affiliation:

1. Dhillon School of Business, University of Lethbridge

2. Lazaridis School of Business & Economics, Wilfrid Laurier University

Publisher

Wiley

Subject

Finance,Accounting

Reference34 articles.

1. Disclosure readability and the sensitivity of investors' valuation judgments to outside information;Asay S. H.;The Accounting Review,2017

2. An empirical evaluation of income numbers;Ball R.;Journal of Accounting Research,1968

3. Halo and performance appraisal research: A critical examination;Balzer W.;Journal of Applied Psychology,1992

4. The rewards to meeting or beating earnings expectations;Bartov E.;Journal of Accounting and Economics,2002

5. Discussion of “Differential market reactions to revenue and expense surprises.;Berger P. G.;Review of Accounting Studies,2003

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