In 2004, 55 percent of firms provided guidance to analysts, down from 72 percent in the prior
Question:
In 2004, 55 percent of firms provided guidance to analysts, down from 72 percent in the prior year.30 Before Google’s IPO, the firm’s executives announced that they did not plan to issue earnings guidance to analysts. Discuss the pros and cons of such a decision.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
One of the pros of declining to offer guidance is that markets might not react as harshly to earning...View the full answer
Answered By
Gaurav Soni
Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
Linkedin profile link:
https://www.linkedin.com/in/gaurav-soni-38067110a
5.00+
7+ Reviews
13+ Question Solved
Related Book For
Behavioral Corporate Finance Concepts And Cases For Teaching Behavioral Finance
ISBN: 9781259277207
2nd Edition
Authors: Hersh Shefrin
Question Posted:
Students also viewed these Business questions
-
How many major accounting firms are needed to provide companies sufficient choice? Because of their scale, expertise, and international presence, the world's largest corporations have traditionally...
-
In the United States, the accounting profession is regulated at the state level, while in India the accounting profession is regulated by a federal agency. Identify and briefly discuss the...
-
In India, independent auditors are considered to be "watchdogs," not "bloodhounds." How, if at all, does that concept of the auditor's role differ from the prevailing concept of the independent...
-
Choose a company or product that you have been noticing or admiring. Develop a plan to advertise this product that involves the United States and at least one other country, and three forms of media....
-
Explain the difference between the effects of liabilities of an S corporation on a shareholder's stock basis and the effect of liabilities of a partnership on a partner's partnership interest basis.
-
A tank in the form of a right-circular cone standing on end, vertex down, is leaking water through a circular hole in its bottom. (a) Suppose the tank is 20 feet high and has radius 8feet and the...
-
Some believe that the top three ratios that every technology company needs to understand and track are the quick ratio, debt to equity ratio, and gross profit margin. Describe each of these ratios...
-
Salon owners have recently started offering teeth whitening services to clients in addition to their more standard services. In a number of states, regulators have ordered the salon owners to stop,...
-
On a clear day, a person lying on a beach. If the sun rays make an angle of 45 from the vertical, what is the rate of energy absorption from the Sun by the person? Assume the surface area of the...
-
1. What business research problem does Royal Barton face? What are his information needs? Outline some survey research objectives for a research project on the Royal Bee system. 2. What type of...
-
On August 19, 2004, the Internet search firm Google went public, at an offer price of $85 per share. The IPO was unconventional in that Google used an auction to determine its offer price and to sell...
-
Discuss whether any of the three IPO phenomena apply in regard to the Palm IPO de- scribed in the Behavioral Pitfalls box.
-
Write the Roman numeral as a HinduArabic numeral. XXXVI
-
What do you mean by the term depreciation?
-
What is meant by special reserve? What are the purposes of creation of such reserves? What are the duties of the auditor regarding special reserve?
-
Discuss the accounting treatment of the following: (a) Change in the method of depreciation. (b) Change in the value of the asset.
-
A limited company wants to change its method of providing for depreciation from reducing balance method to fixed instalment method. Can the company do so? If so, explain as to how? In this context,...
-
Is it absolutely necessary that depreciation should be provided for before profits are distributed as dividend? What are the provisions of the Companies Act, 2013, regarding the quantum of...
-
a. What are the benefits of Software-Defined Networking? 15a1.) SDN holds the promise of bringing ______. a. Lower costs b. Lower agility c. Both A and B d. Neither A nor B 15a2.) SDN can ______. a....
-
Medi-Exam Health Services, Inc. (MEHS), located in a major metropolitan area, provides annual physical screening examinations, including a routine physical, EKG, and blood and urine tests. MEUS's...
-
Will the elimination of trade barriers between countries in Europe eliminate the need to consider submarkets of European consumers? Why or why not?
-
What and who is the U.S. government attempting to protect in its effort to preserve and regulate competition?
-
For each of the major laws discussed in the text, indicate whether in the long run the law will promote or restrict competition. As a consumer without any financial interest in business, what is your...
-
Having a bit of trouble completing part of the code for my guessing game in java. Basically, I need to add the part of the code that will allow the user to choose how many games they wish to play....
-
Find all the "daffodil numbers" between 100 and 999 and output them. "Daffodil number" refers to a three-digit number, and the cube of each digit is exactly equal to the number itself. For example,...
-
Complete the program so that each cell of array sum contains the sum of the corresponding cells of valA and valB: class Exercise3 { public static void main(String[] args) { int[] valA = {13, -22, 82,...
Study smarter with the SolutionInn App