Firms often issue disaggregated earnings forecasts, and prior research reveals benefits to doing so. However, we hypothesize and experimentally find that the benefits of disaggregated forecasts do not necessarily carry over to the time of actual earnings announcements. Rather, disaggregated...

Standard setters have long deliberated the appropriate accounting for goodwill, with ambiguity surrounding its useful life complicating the issue. Recently, the FASB considered mandating a default useful life for goodwill with an option to deviate, but later decided to pause their deliberations...

We examine how investor relations officers (IROs) approach disclosure decisions in private meetings with investors. In these settings, IROs face conflicting pressures to maintain a “level playing field” for all investors while also pleasing preferred investors. We experimentally test how...