Why Do Managers Interact with Unfavorable Analysts During Earnings Calls?

Keyphrases

• Earnings Calls 100%
• Mutually Exclusive 50%
• Significant Benefit 50%
• Negative Returns 50%
• Management Earnings Forecasts 50%
• Peer Firms 50%
• Accounting Quality 50%
• Exogenous Shocks 50%
• Price Response 50%
• Perceptions of Accounting 50%
• Restatements 50%
• Second-price 50%
• Analyst Incentives 50%
• Analyst Experience 50%
• Negative View 50%

Economics, Econometrics and Finance

• Negative Return 100%