Financial analysts' evaluation of enhanced disclosure of non-financial performance indicators

Paul J. Coram, Theodore J. Mock and Gary S. Monroe

The British Accounting Review, 2011, vol. 43, issue 2, 87-101

Abstract: This study examines whether enhanced disclosure of non-financial performance indicators influences financial analysts’ decision processes and the information they pay attention to when performing stock-price valuations. These questions are addressed through a verbal protocol study that examines the information-processing behaviours and types of information used by analysts in valuing companies. The protocol analysis provides a detailed, descriptive analysis of the use of non-financial performance indicators in this task.

Keywords: Company valuation, enhanced disclosure; Financial analysts, non-financial performance indicators; Protocol analysis (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0890838911000242
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:bracre:v:43:y:2011:i:2:p:87-101

DOI: 10.1016/j.bar.2011.02.001

Access Statistics for this article

The British Accounting Review is currently edited by Nathan Lael Joseph and Alan Lowe

More articles in The British Accounting Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().