. Overall, these findings suggest that the analysts' forecast measure of bank opacity is useful for understanding risk-taking by … investigate the impact of such opacity on bank risk-taking, using a large panel of US bank holding companies, 1995-2013. We … the relationship between opacity and bank risk-taking is accentuated by the degree of banking market competition. Thirdly …

errors. We find that while irregularity restatement firms exhibit a reduction in analyst coverage and forecast accuracy and … an increase in forecast dispersion in the post-restatement period, other restatement firms exhibit only an increase in … forecast error. Finally, we find evidence to suggest that remedial actions reduce the effect of irregularity restatements on …

earnings. As analysts can save time and costs when disclosure quality is higher, their earnings forecast error and optimism … SZSE, and find that higher disclosure quality improves analysts' forecast accuracy, alleviates forecast optimism, and … reduces forecast dispersion …