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:
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
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:
