Anabila, Andrew A.; Whang, EunYoung - In: Accounting & Taxation 6 (2014) 1, pp. 1-12
The safe harbor provisions have increased over the years, following the Private Securities Litigation Reform Act (PSLRA) of 1996 and the Securities Litigation Uniform Standards Act (SLUSA) of 1998. The objective is to encourage more earnings guidance by managers. However, a number of firms like...