Kazumasa Higashikawa's scientific contributions

Citations

... Prior research demonstrates that the availability of public accounting information is negatively associated with stock return volatility (Mock, Yeung, & Yu, 2000;Jin & Myers, 2006). Earnings are the most important performance metrics, closely followed by equity investors (Ohlson, 1995, Higashikawa, 2021. The practice of issuing quarterly earnings forecast increases the amount of publicly available financial information, which improves a firm's information environment and thus decreases investor uncertainty about future economic performance (Chen, Matsumoto, & Rajgopal, 2011). ...