Firms raise the bar after missing the target: Strategic use of overestimated earnings targets
Peer-Reviewed Publication
Updates every hour. Last Updated: 11-Jul-2025 22:11 ET (12-Jul-2025 02:11 GMT/UTC)
A new study of over 3,000 Japanese firms reveals that companies often set overly ambitious earnings targets after previously missing their goals—an effort to restore investor confidence. This strategic move, known as “organizational impression management,” helps firms manage market perceptions despite the risk of repeated failure. The research also finds that institutional investors, analysts, and board diversity can temper this behavior, offering fresh insight into corporate communication and investor relations.
Brain aneurysm is the leading cause of brain hemorrhages. To combat the growing cases of brain aneurysms in China, researchers are conducting a large-scale, national clinical study to evaluate the best surgical and endovascular treatments for unruptured brain aneurysms. The China Treatment Trial for Unruptured Intracranial Aneurysm (ChTUIA) has enrolled up to 25,000 patients across 83 hospitals and is all set to refine the treatment guidelines for brain aneurysms in Chinese patients.
Inconsistent cybersecurity practices in organisations pose a threat to the energy sector. Variation in cybersecurity culture, skill levels and training, and over-reliance on regulations and resistance to complex security protocols expose critical systems to threats. A new open-access handbook from researchers from the University of Vaasa, Finland, offers a structured, user-friendly resource to enhance cybersecurity resilience in the Nordic energy sector.
Just the word “quantum” can make even seasoned science teachers break into a sweat. But a national pilot program led by The University of Texas at Arlington is helping take the mystery out of the subject for students and educators alike. This week, 50 high school students and science teachers gathered at Arlington Martin High School to dive into the topic through Quantum for All, a program launched by Karen Jo Matsler, a professor of practice and master teacher in UT Arlington’s UTeach program.