WebPrior studies provide conflicting evidence as to whether managers have a general tendency to disclose or withhold bad news. A key challenge for this literature is that researchers cannot... WebSep 21, 2005 · If managers accumulate and withhold bad news up to a certain threshold, but leak and immediately reveal good news to investors, then we expect the magnitude …

Do Managers Disclose or Withhold Bad News? Evidence …

WebDec 3, 2010 · Aboody and Kasznik report that managers disclose bad news around stock option awards in order to depress the stock price, which enables them to purchase stock … Webdifficult for a plaintiff to prove that managers were aware of the impending bad news or that managers were deliberately withholding the news from the market. Since it is relatively difficult for outsiders to identify the motive for a manager’s silence, we expect that withholding bad news is a more attractive option for a stock luxury amity home bedding sets

Do acquirers disclose good news or withhold bad news when

Webbetween bad-news disclosure and residual short interest, suggesting that managers withhold bad news in general. This tendency, however, is tempered when firms are … WebJan 1, 2009 · Managers often delay releasing negative news for specific purposes, which harms the interests of shareholders (Kothari et al., 2009). Thus, the level of governance … luxury american resorts