forecast errors and accruals, which we label “managers' accrual-related forecast bias.” We build on extensive research which … bias in their forecasts. We also find a substantial decline in managers' accrual-related forecast bias following the … importantly, we find that the effect of forecasting difficulty on managers' accrual-related forecast bias occurs only in the pre …

to the IAB Establishment Panel. Quite surprisingly, the study reveals the average forecast to be significantly … overpessimistic. I propose that the non-existence of a general bias towards overoptimism is due to the lack of incentives to …

This study investigates the perceived and actual trustworthiness and truthfulness of female managers when using …, inconsistently with the notion that the trust rhetoric of women managers is more truthful than that of their male counterparts, trust …

We consider forecast guidance as a mechanism that managers use to avoid negative earnings surprises. Modeling forecast … forecast guidance to avoid negative earnings surprises than managers in weak-investor-protection countries. We also show that … US managers are more prone to use forecast guidance to avoid negative earnings surprises than managers in other countries …

We examine whether attribution bias that leads managers who have experienced short-term forecasting success to become … overconfident in their ability to forecast future earnings. Importantly, this form of overconfidence is endogenous and dynamic. We … also examine the effect of this cognitive bias on the managerial credibility. Consistent with the existence of dynamic …

commonly viewed as industry specialists, we fail to find evidence that analysts have an information advantage over managers at … the industry level. The two have comparable abilities to forecast earnings for firms with revenues or earnings that are …

find that their legal expertise, accounting expertise and foreign experience helps improve management earnings forecast …