Douglas Skinner is a leading expert in corporate disclosure practices, corporate financial reporting, and corporate finance, with a focus on payout policy. His research addresses (1) the causes and capital market effects of managers' corporate disclosure choices (especially forward-looking information, including earnings forecasts, earnings pre-announcements, and guidance, corporate conference calls, etc.); (2) how the legal and regulatory environment affects managers’ corporate disclosures; (3) managers' incentives to use their discretion in the financial reporting process to...