Impression management in performance commentary in annual results press releases of listed companies and institutional context.

We examine extent and nature of opportunistic tendencies in annual results framing in press releases of listed companies. Artificial intelligence methods are applied to measure explanation profiles and assess their impression management propensity. Next, we will investigate (in an international context) whether scope and properties of regulatory control and institutional shareholder protection affect the occurrence, nature and strength of impression management tendencies in management's performance commentary.

Keywords:PRESS RELEASE, INSTITUTIONAL CONTEXT, IMPRESSION MANAGEMENT

Disciplines:Business administration and accounting, Management