With the introduction of expected credit loss based impairment methodology banks stress testing programs need to include forecasts of stressed impairment losses as an important component in the firmwide stress testing programs. The forecasts of stressed impairment losses are comprised of...

This paper expands entry mode literature by referring to multiple modes exerted in different value chain activities within and across host markets, rather than to a single entry mode at the host market level. Scale of operations and knowledge intensity are argued to affect firms' entry mode...

Robust forecasting of mining sector revenues is key to effective budgeting (and broader fiscal management) in many resource-rich countries. However, this is challenging in practice, given commodity market volatility, the extended lags (and often opaque processes) between resource discoveries and...

We contribute to the research on the information content of earnings as it applies to the forecasting of economic activity across reporting models. We examine whether publicly available financial statement information is incrementally useful in forecasting confidentially reported taxable income....

The future patterns of foreign direct investment (FDI) are important inputs for policymakers, even more so during severe economic downturns, such as the one caused by the COVID-19 pandemic. Yet, there is neither empirical consensus nor significant ongoing empirical research on the most...

Analysts regularly issue ETR forecasts that meaningfully deviate from managers’ voluntary annual effective tax rate (ETR) forecasts. I examine whether these deviations impact analyst forecast accuracy. Comparing analyst forecasts that deviate to analyst forecasts that reiterate managers’ ETR...

Due to the complexity of tax and the time and resources needed to monitor and examine tax returns, tax noncompliance is challenging to detect. Big data and sophisticated analytics might help tax authorities extract actionable data insights. Using income tax record data, this paper employs an...