@inproceedings{cb67576571ba4caaaf7088346ab2946d,
title = "The two-level analysis of disclosure of profit forecasts{\textemdash}empirical evidence from IPO companies",
abstract = "As voluntary disclosure is applied to profit forecasts of IPO companies in China, the proportion of companies disclosing such information has been declining generally. From this perspective, the two-level analysis is conducted on the disclosure of profit forecasts of 683 listed companies with initial public offering of A shares in 2007{\textendash}2011. It finally comes out that there are significantly positive correlations respectively between the companies{\textquoteright} financial condition and the disclosure of the profit forecasts information; the corporate governance structure and the disclosure of the profit forecasts information. Meanwhile, there are also positive correlations respectively between the industry types and the level of the disclosure of the profit forecasts; whether audited by the Big Four accounting firms and the level of the disclosure of the profit forecasts, but unremarkable.",
keywords = "Disclosure of profit forecasts, IPO companies, Two-level analysis",
author = "Li, \{Hui Yun\} and Zhao, \{Qiu Bo\} and Qu, \{Hua Chao\}",
note = "Publisher Copyright: {\textcopyright} 2015 Taylor \& Francis Group, London.; International Symposium on Information Technology, ISIT 2014 ; Conference date: 14-10-2014 Through 16-10-2014",
year = "2015",
doi = "10.1201/b18776-80",
language = "English",
isbn = "9781138027855",
series = "Proceedings of the 2014 International Symposium on Information Technology, ISIT 2014",
publisher = "CRC Press/Balkema",
pages = "427--432",
editor = "Yi Wan and Liangshan Shao and Jinguang Sun and Jingchang Nan and Quangui Zhang and Lipo Wang",
booktitle = "Proceedings of the 2014 International Symposium on Information Technology, ISIT 2014",
}