Jaggi, Bikki; Chin, Chen-lung; Lin, Hsiou-wei William; … - In: Review of Quantitative Finance and Accounting 26 (2006) 3, pp. 275-299
This study examines whether the Taiwanese regulation requiring disclosure of earnings forecasts in the IPOs resulted in disclosure of more optimistic earnings forecasts and whether the forecast error was reduced more by manipulating the reported earnings rather than revising the earnings...