{"id":"https://openalex.org/W4408778165","doi":"https://doi.org/10.1287/mnsc.2023.01413","title":"The Informativeness of Balance Sheet Disaggregations: Evidence from Forecasting Operating Assets","display_name":"The Informativeness of Balance Sheet Disaggregations: Evidence from Forecasting Operating Assets","publication_year":2025,"publication_date":"2025-03-24","ids":{"openalex":"https://openalex.org/W4408778165","doi":"https://doi.org/10.1287/mnsc.2023.01413"},"language":"en","primary_location":{"id":"doi:10.1287/mnsc.2023.01413","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2023.01413","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://cris.maastrichtuniversity.nl/en/publications/e288f8a3-9512-4fb7-866a-0a643da003ce","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5098315528","display_name":"Benjamin Noordermeer","orcid":null},"institutions":[{"id":"https://openalex.org/I209991678","display_name":"Maastricht School of Management","ror":"https://ror.org/04zb8fk81","country_code":"NL","type":"education","lineage":["https://openalex.org/I209991678"]},{"id":"https://openalex.org/I34352273","display_name":"Maastricht University","ror":"https://ror.org/02jz4aj89","country_code":"NL","type":"education","lineage":["https://openalex.org/I34352273"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"Benjamin Noordermeer","raw_affiliation_strings":["Maastricht University, School of Business and Economics, 6211 LM Maastricht, Netherlands"],"affiliations":[{"raw_affiliation_string":"Maastricht University, School of Business and Economics, 6211 LM Maastricht, Netherlands","institution_ids":["https://openalex.org/I209991678","https://openalex.org/I34352273"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5065278820","display_name":"Patrick Vorst","orcid":"https://orcid.org/0000-0003-3080-9102"},"institutions":[{"id":"https://openalex.org/I34352273","display_name":"Maastricht University","ror":"https://ror.org/02jz4aj89","country_code":"NL","type":"education","lineage":["https://openalex.org/I34352273"]},{"id":"https://openalex.org/I209991678","display_name":"Maastricht School of Management","ror":"https://ror.org/04zb8fk81","country_code":"NL","type":"education","lineage":["https://openalex.org/I209991678"]}],"countries":["NL"],"is_corresponding":false,"raw_author_name":"Patrick Vorst","raw_affiliation_strings":["Maastricht University, School of Business and Economics, 6211 LM Maastricht, Netherlands"],"affiliations":[{"raw_affiliation_string":"Maastricht University, School of Business and Economics, 6211 LM Maastricht, Netherlands","institution_ids":["https://openalex.org/I209991678","https://openalex.org/I34352273"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5098315528"],"corresponding_institution_ids":["https://openalex.org/I209991678","https://openalex.org/I34352273"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.08830652,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"71","issue":"11","first_page":"9523","last_page":"9547"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9987999796867371,"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":0.9987999796867371,"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/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9987000226974487,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9907000064849854,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/balance-sheet","display_name":"Balance sheet","score":0.7601208686828613},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.41078120470046997},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3897053003311157},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.37948280572891235},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.2544078230857849}],"concepts":[{"id":"https://openalex.org/C183206440","wikidata":"https://www.wikidata.org/wiki/Q46834","display_name":"Balance sheet","level":2,"score":0.7601208686828613},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41078120470046997},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3897053003311157},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.37948280572891235},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2544078230857849}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1287/mnsc.2023.01413","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2023.01413","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"},{"id":"pmh:oai:cris.maastrichtuniversity.nl:openaire/e288f8a3-9512-4fb7-866a-0a643da003ce","is_oa":true,"landing_page_url":"https://cris.maastrichtuniversity.nl/en/publications/e288f8a3-9512-4fb7-866a-0a643da003ce","pdf_url":null,"source":{"id":"https://openalex.org/S4306402616","display_name":"Research Publications (Maastricht University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I34352273","host_organization_name":"Maastricht University","host_organization_lineage":["https://openalex.org/I34352273"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Noordermeer, B & Vorst, P 2025, 'The Informativeness of Balance Sheet Disaggregations : Evidence from Forecasting Operating Assets', Management Science. https://doi.org/10.1287/mnsc.2023.01413","raw_type":"info:eu-repo/semantics/publishedVersion"}],"best_oa_location":{"id":"pmh:oai:cris.maastrichtuniversity.nl:openaire/e288f8a3-9512-4fb7-866a-0a643da003ce","is_oa":true,"landing_page_url":"https://cris.maastrichtuniversity.nl/en/publications/e288f8a3-9512-4fb7-866a-0a643da003ce","pdf_url":null,"source":{"id":"https://openalex.org/S4306402616","display_name":"Research Publications (Maastricht University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I34352273","host_organization_name":"Maastricht University","host_organization_lineage":["https://openalex.org/I34352273"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Noordermeer, B & Vorst, P 2025, 'The Informativeness of Balance Sheet Disaggregations : Evidence from Forecasting Operating Assets', Management Science. https://doi.org/10.1287/mnsc.2023.01413","raw_type":"info:eu-repo/semantics/publishedVersion"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":50,"referenced_works":["https://openalex.org/W1481501828","https://openalex.org/W1513538699","https://openalex.org/W1559083449","https://openalex.org/W1604328187","https://openalex.org/W1885870930","https://openalex.org/W1983410920","https://openalex.org/W1993016644","https://openalex.org/W1994228146","https://openalex.org/W2002882686","https://openalex.org/W2038224101","https://openalex.org/W2061574757","https://openalex.org/W2061706453","https://openalex.org/W2084956342","https://openalex.org/W2094392844","https://openalex.org/W2105094056","https://openalex.org/W2115468428","https://openalex.org/W2130392613","https://openalex.org/W2131960374","https://openalex.org/W2137801997","https://openalex.org/W2793202656","https://openalex.org/W2980862862","https://openalex.org/W3083073421","https://openalex.org/W3121223896","https://openalex.org/W3121698946","https://openalex.org/W3121855280","https://openalex.org/W3122137003","https://openalex.org/W3122313958","https://openalex.org/W3122547505","https://openalex.org/W3122645247","https://openalex.org/W3122824160","https://openalex.org/W3122959536","https://openalex.org/W3123102280","https://openalex.org/W3123829300","https://openalex.org/W3124047462","https://openalex.org/W3124128262","https://openalex.org/W3124263077","https://openalex.org/W3124455480","https://openalex.org/W3124496242","https://openalex.org/W3124591263","https://openalex.org/W3124908438","https://openalex.org/W3125574887","https://openalex.org/W3125650963","https://openalex.org/W3125721493","https://openalex.org/W3125756421","https://openalex.org/W3125876326","https://openalex.org/W3126118385","https://openalex.org/W3186202855","https://openalex.org/W4211170237","https://openalex.org/W4372298489","https://openalex.org/W4385460214"],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W2498171297","https://openalex.org/W4232073858","https://openalex.org/W4249108316","https://openalex.org/W2302508244","https://openalex.org/W2725420783","https://openalex.org/W1502198272","https://openalex.org/W2017540542","https://openalex.org/W2579920085","https://openalex.org/W2187014742"],"abstract_inverted_index":{"We":[0,22,105],"investigate":[1],"the":[2,9,42,116,149,158,166,183,205,213],"usefulness":[3],"of":[4,11,68,153,160,170,207,215],"balance":[5,28,70,102,208],"sheet":[6,29,71,103,209],"disaggregations":[7,210],"in":[8,77,135,186,221],"context":[10],"forecasting":[12,192,219],"operating":[13,57,61,222],"asset":[14,150,172],"growth":[15,78,151,220],"and":[16,51,59,84,129,157,211,224,243],"its":[17,225],"implications":[18,226],"for":[19,122,227],"revenue":[20],"growth.":[21],"show":[23],"that":[24,36,75,95,111,142,177],"models":[25,35,217],"using":[26],"disaggregated":[27,69,82,101,155,216],"information":[30,184],"have":[31],"greater":[32],"accuracy":[33],"than":[34],"use":[37,67,214],"only":[38],"aggregate":[39,86],"information,":[40,72],"with":[41,90,124,132],"most":[43],"accurate":[44],"disaggregation":[45],"scheme":[46],"separately":[47],"considering":[48],"property,":[49],"plant,":[50],"equipment,":[52],"intangible":[53],"assets,":[54,58],"other":[55],"noncurrent":[56],"current":[60],"assets.":[62],"When":[63],"investigating":[64],"market":[65],"participants\u2019":[66],"we":[73,140,175],"find":[74,141,176],"differences":[76],"predictions":[79,152],"from":[80],"a":[81,154,162],"model":[83,87,156,163],"an":[85],"are":[88,113,119,130,145,180,246],"associated":[89],"year-ahead":[91],"abnormal":[92],"returns,":[93],"suggesting":[94],"investors":[96],"do":[97],"not":[98],"fully":[99],"utilize":[100],"information.":[104],"corroborate":[106],"this":[107],"result":[108],"by":[109,147,234],"showing":[110],"returns":[112,144],"concentrated":[114],"around":[115],"earnings":[117],"announcement,":[118],"more":[120],"pronounced":[121],"stocks":[123],"low":[125],"transient":[126],"institutional":[127],"ownership,":[128],"consistent":[131],"subsequent":[133],"improvements":[134],"actual":[136],"financial":[137],"performance.":[138],"Finally,":[139],"these":[143],"driven":[146],"both":[148],"ability":[159,169],"such":[161,196],"to":[164,182],"incorporate":[165],"unique":[167],"revenue-generating":[168],"individual":[171],"components.":[173],"Importantly,":[174],"our":[178,200],"results":[179],"incremental":[181],"embedded":[185],"income":[187,193],"statement":[188,194],"disaggregations,":[189],"even":[190],"when":[191,218],"items":[195],"as":[197],"profitability.":[198],"Overall,":[199],"study":[201],"provides":[202],"evidence":[203],"on":[204],"informativeness":[206],"proposes":[212],"assets":[223],"future":[228],"revenues.":[229],"This":[230],"paper":[231],"was":[232],"accepted":[233],"Eric":[235],"So,":[236],"accounting.":[237],"Supplemental":[238],"Material:":[239],"The":[240],"online":[241],"appendix":[242],"data":[244],"files":[245],"available":[247],"at":[248],"https://doi.org10.1287/mnsc.2023.01413":[249],".":[250]},"counts_by_year":[],"updated_date":"2025-12-22T23:10:17.713674","created_date":"2025-10-10T00:00:00"}
