The effect of financialization on management earnings forecasts

Yuyu Wu, Sihao Li and Zhi Cao

Applied Economics Letters, 2022, vol. 29, issue 16, 1466-1469

Abstract: We examine the effect of financialization on management earnings forecasts. Using a sample of Chinese main board listed companies over 8 years, we find that financialization decreases the probability and frequency of issuing management earnings forecasts. The results imply that financialization impedes firms’ information disclosure and may negatively affect their long-term performance.

Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2021.1937494 (text/html)
Access to full text is restricted to subscribers.

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:taf:apeclt:v:29:y:2022:i:16:p:1466-1469

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2021.1937494

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().