{"id":"https://openalex.org/W2606972368","doi":"https://doi.org/10.1111/jbfa.12255","title":"The effect of restatements on analyst behavior","display_name":"The effect of restatements on analyst behavior","publication_year":2017,"publication_date":"2017-04-21","ids":{"openalex":"https://openalex.org/W2606972368","doi":"https://doi.org/10.1111/jbfa.12255","mag":"2606972368"},"language":"en","primary_location":{"id":"doi:10.1111/jbfa.12255","doi":"https://doi.org/10.1111/jbfa.12255","is_oa":false,"landing_page_url":"https://doi.org/10.1111/jbfa.12255","pdf_url":null,"source":{"id":"https://openalex.org/S48254654","display_name":"Journal of Business Finance &amp Accounting","issn_l":"0306-686X","issn":["0306-686X","1468-5957"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business Finance &amp; Accounting","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2562173","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5036360639","display_name":"Chunlai Ye","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I131740757","display_name":"Texas A&M International University","ror":"https://ror.org/028861t28","country_code":"US","type":"education","lineage":["https://openalex.org/I131740757"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Chunlai Ye","raw_affiliation_strings":["Division of International Banking and Finance Studies, A. R. Sanchez, Jr. School of Business, Texas A&amp;M International University Laredo Texas USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Division of International Banking and Finance Studies, A. R. Sanchez, Jr. School of Business, Texas A&amp;M International University Laredo Texas USA","institution_ids":["https://openalex.org/I131740757"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015047817","display_name":"Lin\u2010Hui Yu","orcid":"https://orcid.org/0000-0001-8430-3719","observed_orcids":["https://orcid.org/0000-0001-8430-3719"]},"institutions":[{"id":"https://openalex.org/I16733864","display_name":"National Taiwan University","ror":"https://ror.org/05bqach95","country_code":"TW","type":"education","lineage":["https://openalex.org/I16733864"]}],"countries":["TW"],"is_corresponding":true,"raw_author_name":"Lin\u2010Hui Yu","raw_affiliation_strings":["Department of Accounting, College of Management, National Taiwan University, Taipei City, Taiwan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting, College of Management, National Taiwan University, Taipei City, Taiwan","institution_ids":["https://openalex.org/I16733864"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5015047817"],"corresponding_institution_ids":["https://openalex.org/I16733864"],"apc_list":{"value":3800,"currency":"USD","value_usd":3800},"apc_paid":null,"fwci":4.4247,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.9413744,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"44","issue":"7-8","first_page":"986","last_page":"1014"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13794","display_name":"Financial Reporting and XBRL","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-restatements","display_name":"financial restatements","score":0.7889999747276306},{"id":"https://openalex.org/keywords/analyst-behavior","display_name":"analyst behavior","score":0.8450000286102295},{"id":"https://openalex.org/keywords/analyst-coverage","display_name":"analyst coverage","score":0.8090000152587891},{"id":"https://openalex.org/keywords/earnings-forecast-accuracy","display_name":"earnings forecast accuracy","score":0.8119999766349792},{"id":"https://openalex.org/keywords/forecast-dispersion","display_name":"forecast dispersion","score":0.9869999885559082},{"id":"https://openalex.org/keywords/forecast-error","display_name":"forecast error","score":0.7580000162124634},{"id":"https://openalex.org/keywords/remedial-measures","display_name":"remedial measures","score":0.9100000262260437},{"id":"https://openalex.org/keywords/earnings-announcements","display_name":"earnings announcements","score":0.8820000290870667}],"concepts":[{"id":"https://openalex.org/C2780224610","wikidata":"https://www.wikidata.org/wiki/Q1530061","display_name":"Credibility","level":2,"score":0.87480628490448},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.6410924196243286},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.6298770904541016},{"id":"https://openalex.org/C100207952","wikidata":"https://www.wikidata.org/wiki/Q7311597","display_name":"Remedial education","level":2,"score":0.5252416133880615},{"id":"https://openalex.org/C177562468","wikidata":"https://www.wikidata.org/wiki/Q182893","display_name":"Dispersion (optics)","level":2,"score":0.5112357139587402},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.4966626763343811},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4873214662075043},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.40980079770088196},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.40823274850845337},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.37596040964126587},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.35748255252838135},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.23614501953125},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.12027603387832642},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.06747567653656006},{"id":"https://openalex.org/C46312422","wikidata":"https://www.wikidata.org/wiki/Q11024","display_name":"Communication","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C145420912","wikidata":"https://www.wikidata.org/wiki/Q853077","display_name":"Mathematics education","level":1,"score":0.0},{"id":"https://openalex.org/C120665830","wikidata":"https://www.wikidata.org/wiki/Q14620","display_name":"Optics","level":1,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1111/jbfa.12255","doi":"https://doi.org/10.1111/jbfa.12255","is_oa":false,"landing_page_url":"https://doi.org/10.1111/jbfa.12255","pdf_url":null,"source":{"id":"https://openalex.org/S48254654","display_name":"Journal of Business Finance &amp Accounting","issn_l":"0306-686X","issn":["0306-686X","1468-5957"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business Finance &amp; Accounting","raw_type":"journal-article"},{"id":"mag:3122501824","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2562173","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null}],"best_oa_location":{"id":"mag:3122501824","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2562173","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320322795","display_name":"Ministry of Science and Technology, Taiwan","ror":"https://ror.org/02kv4zf79"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":45,"referenced_works":["https://openalex.org/W26655026","https://openalex.org/W206890942","https://openalex.org/W1486978637","https://openalex.org/W1493627403","https://openalex.org/W1507782914","https://openalex.org/W1517389270","https://openalex.org/W1543861244","https://openalex.org/W1671678821","https://openalex.org/W1775203172","https://openalex.org/W1791946261","https://openalex.org/W1912109751","https://openalex.org/W1952361113","https://openalex.org/W1978711401","https://openalex.org/W1987881672","https://openalex.org/W1990708181","https://openalex.org/W2008044637","https://openalex.org/W2024486678","https://openalex.org/W2026572607","https://openalex.org/W2026775942","https://openalex.org/W2027481857","https://openalex.org/W2049756701","https://openalex.org/W2054965424","https://openalex.org/W2057190074","https://openalex.org/W2062350776","https://openalex.org/W2062623103","https://openalex.org/W2072291966","https://openalex.org/W2076480217","https://openalex.org/W2080799021","https://openalex.org/W2081416478","https://openalex.org/W2084169808","https://openalex.org/W2102728662","https://openalex.org/W2131479318","https://openalex.org/W2132607757","https://openalex.org/W2142974872","https://openalex.org/W2164741508","https://openalex.org/W2773047886","https://openalex.org/W2890844091","https://openalex.org/W3022275618","https://openalex.org/W3121289876","https://openalex.org/W3121587754","https://openalex.org/W3121665031","https://openalex.org/W3121691954","https://openalex.org/W3123372626","https://openalex.org/W3124412876","https://openalex.org/W3125126843"],"related_works":["https://openalex.org/W4387397482","https://openalex.org/W2996577639","https://openalex.org/W3121665031","https://openalex.org/W3045660683","https://openalex.org/W2026572607","https://openalex.org/W2018221444","https://openalex.org/W2887270744","https://openalex.org/W7111327816","https://openalex.org/W4253352855","https://openalex.org/W3123310179"],"abstract_inverted_index":{"Abstract":[0],"This":[1],"paper":[2],"examines":[3],"how":[4],"changes":[5],"in":[6,25,64,73,76,87,121],"the":[7,77,100,114],"credibility":[8,26],"of":[9,18,102],"financial":[10],"reporting":[11],"affect":[12,118],"analyst":[13,38,65,106,119],"behavior.":[14,107],"Using":[15],"a":[16,22,34,62],"sample":[17],"restatement":[19,59,81],"firms":[20,60,82],"experiencing":[21],"substantial":[23],"change":[24],"over":[27],"1997\u20132006,":[28],"we":[29,91],"document":[30],"that":[31,41,56,96,116],"restatements":[32,45,104,117],"have":[33],"long\u2010lived":[35],"effect":[36,101],"on":[37,105],"behavior":[39,120],"and":[40,49,67,70],"analysts":[42],"differentiate":[43],"between":[44],"caused":[46,51],"by":[47,52],"irregularities":[48],"those":[50],"errors.":[53],"We":[54],"find":[55,92],"while":[57],"irregularity":[58,103],"exhibit":[61,83],"reduction":[63],"coverage":[66],"forecast":[68,74,88],"accuracy":[69],"an":[71,85],"increase":[72,86],"dispersion":[75],"post\u2010restatement":[78],"period,":[79],"other":[80],"only":[84],"error.":[89],"Finally,":[90],"evidence":[93],"to":[94],"suggest":[95],"remedial":[97],"actions":[98],"reduce":[99],"Overall,":[108],"these":[109],"results":[110],"are":[111],"consistent":[112],"with":[113],"notion":[115],"forming":[122],"judgements":[123],"regarding":[124],"subsequent":[125],"earnings":[126],"announcements.":[127]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2017-04-28T00:00:00"}
