Exploring the Moderating Role of Growth Options on the Relation between Board Characteristics and Management Earnings Forecasts

2013 ◽  
Vol 21 (4) ◽  
pp. 314-333 ◽  
Author(s):  
Howard Chan ◽  
Robert Faff ◽  
Arifur Khan ◽  
Paul Mather
Keyword(s):  
Earnings Forecasts ◽  
Growth Options ◽  
Management Earnings Forecasts ◽  
Board Characteristics ◽  
Moderating Role

The Role of Supplementary Statements with Management Earnings Forecasts

2003 ◽  
Vol 41 (5) ◽  
pp. 867-890 ◽  
Author(s):  
Amy P. Hutton ◽  
Gregory S. Miller ◽  
Douglas J. Skinner
Keyword(s):  
Earnings Forecasts ◽  
Management Earnings Forecasts

The role of the gender diversity of audit committees in modelling the quality of management earnings forecasts of initial public offers in Malaysia

2017 ◽  
Vol 32 (6) ◽  
pp. 420-440 ◽  
Author(s):  
Mohammed Abdullah Ammer ◽  
Nurwati A. Ahmad-Zaluki
Keyword(s):  
Board Of Directors ◽  
Forecast Error ◽  
Gender Diversity ◽  
Earnings Forecasts ◽  
Audit Committees ◽  
Management Earnings Forecasts ◽  
Content Type ◽  
Female Directors ◽  
The Board Of Directors

Purpose Presently, one of the major governance issues faced by management and shareholders of organizations is the gender composition of the boards of directors and audit committees. This study aims to examine the impact of gender diversity in audit committees on the accuracy of management earnings forecasts disclosure in initial public offering (IPO) prospectuses. Design/methodology/approach The study sample comprises 190 Malaysian companies issuing IPOs that transformed into public companies during the period 2002-2012. Earnings forecasts accuracy (quality) is proxied by absolute forecast error and the study model is developed based on the frameworks of the signalling theory, the agency theory and the resource-dependence theory. Findings The study proposes that female directors introduce a set of specific features in the boardroom that serve to improve investor protection and efficient monitoring of management. However, findings reveal an insignificantly positive relationship between gender diversity in audit committees and absolute forecast error, which shows that more female directors in audit committees could translate into more errors and less accuracy in earnings forecasts. Practical implications Considering the recent regulatory developments that encourage the number of women on the board of directors, the findings obtained have significant implications for policymakers. The study findings can also be invaluable to investors, investment analysts, market players and researchers. Originality/value The composition of the board of directors and audit committees in terms of gender plays a significant role in the promotion of effective corporate governance practices. This study is one of the pioneering studies that examines the advantages of gender diversity in the board of directors. It is also the first study to extend IPO literature by investigating the role of gender diversity in audit committees in the enhancement of accurate management earnings forecasts included in the IPO prospectuses.

scholarly journals Board characteristics and earnings forecasts accuracy in IPO prospectuses

2019 ◽  
Vol 55 (1) ◽  
pp. 25-39
Author(s):  
Tomasz Sosnowski ◽  
Anna Wawryszuk-Misztal
Keyword(s):  
Initial Public Offering ◽  
Stock Exchange ◽  
Supervisory Board ◽  
Earnings Forecasts ◽  
Ordinary Least Squares ◽  
Board Characteristics ◽  
Management Board ◽  
Warsaw Stock Exchange ◽  
Public Offering

AbstractUsing a sample of 104 companies that conducted initial public offering (IPO) on the Warsaw Stock Exchange between 2006 and 2016, we investigated the relationship between the accuracy and bias of the earnings forecast disclosed in the IPO prospectus and the firm corporate governance attributes. Applying multiple Ordinary Least Squares (OLS) regressions models, we focused on the role of the board size, the percentage of women on the board, the board age diversity measure, and the proportion of shares owned by the members of the board. Generally, our findings show that some characteristics of management and supervisory board improve the usefulness of earnings forecasts’ credibility. Especially, a more diversified board in terms of age and higher management ownership results in more accurate forecasts. This is the first study giving an insight into the role of supervisory and management board characteristics on precision of earnings forecasts revealed in the prospectus by Polish IPO companies.

scholarly journals A contingency model of board characteristics and foreign institutional investor ownership: the moderating role of firm size and market valuation

2020 ◽  
Vol 8 (1) ◽  
pp. 1739465
Author(s):  
Smitha Nair ◽  
V Gopikumar ◽  
P.K Viswanathan ◽  
Sruthy Gopakumar ◽  
Mathew Thomas Gil ◽  
...  
Keyword(s):  
Firm Size ◽  
Institutional Investor ◽  
Market Valuation ◽  
Board Characteristics ◽  
Contingency Model ◽  
Moderating Role

Testing the Strain Theory of Suicide – The Moderating Role of Social Support

Crisis ◽  
2020 ◽  
Vol 41 (2) ◽  
pp. 82-88 ◽  
Author(s):  
Bob Lew ◽  
Ksenia Chistopolskaya ◽  
Yanzheng Liu ◽  
Mansor Abu Talib ◽  
Olga Mitina ◽  
...  
Keyword(s):  
Social Support ◽  
Suicidal Behavior ◽  
Online Survey ◽  
Perceived Social Support ◽  
Strain Theory ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Psychological Strains ◽  
Moderating Role

Abstract. Background: According to the strain theory of suicide, strains, resulting from conflicting and competing pressures in an individual's life, are hypothesized to precede suicide. But social support is an important factor that can mitigate strains and lessen their input in suicidal behavior. Aims: This study was designed to assess the moderating role of social support in the relation between strain and suicidality. Methods: A sample of 1,051 employees were recruited in Beijing, the capital of China, through an online survey. Moderation analysis was performed using SPSS PROCESS Macro. Social support was measured with the Multidimensional Scale of Perceived Social Support, and strains were assessed with the Psychological Strains Scale. Results: Psychological strains are a good predictor of suicidality, and social support, a basic need for each human being, moderates and decreases the effects of psychological strains on suicidality. Limitations: The cross-sectional survey limited the extent to which conclusions about causal relationships can be drawn. Furthermore, the results may not be generalized to the whole of China because of its diversity. Conclusion: Social support has a tendency to mitigate the effects of psychological strains on suicidality.

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