Discussion of (dis)aggregated earnings guidance and acquisition financing
ISSN: 1321-7348
Article publication date: 14 April 2020
Issue publication date: 24 April 2020
Abstract
Purpose
The author discusses the paper by Ordyna (2020) and suggests a few areas for improvement. First, the author could think more about the financing scheme of the acquisition including hybrid debt securities. Second, the author could consider forecast reputation, the timing and frequency of earnings guidance. Third, the author may consider the difference-in-differences research design and identification strategy. Other model designs, robustness checks and alternative measures of key variables are discussed.
Keywords
Citation
Zhang, J.H. (2020), "Discussion of (dis)aggregated earnings guidance and acquisition financing", Asian Review of Accounting, Vol. 28 No. 2, pp. 141-146. https://doi.org/10.1108/ARA-10-2019-0186
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited