forecast errors and accruals, which we label “managers' accrual-related forecast bias.” We build on extensive research which … between managers' earnings forecast errors and discretionary accruals, but no association between managers' earnings forecast … errors and nondiscretionary accruals. Furthermore, the association between managers' earnings forecast errors and …

In this study, we examine the strategic intraday and intraweek timing of management forecast announcements based on …, we find evidence that strategically timed bad news forecast announcements that are released after the market closes are …

We study how the quality of investors' information across horizons influences investment. In our theory, managers care … managers focus on current stock prices. Therefore, the quality of investors' information across horizons has real effects …

alternative measures of uncertainty. We also find that expected volatility reflects managers' private information about their … predictive power of expected volatility shrinks when managers have stronger incentives to manage earnings. Overall, we provide … forecast volatility …

We examine the relation between managerial ability and management forecast accuracy. We find that forecast accuracy is … positively associated with managerial ability in the case of sales forecasts. Specifically, more able managers are associated … with lower magnitude's forecast errors in the case of sales forecasts. Additional analysis finds that managerial ability is …

. We also find that costs are super-sticky as they increase even when revenues decrease. Municipals in New Zealand are …. Forecast cost behaviour is found to be statistically indistinguishable from actual behaviour. In our tests, we control for … asymmetric relation between costs and revenues is incorporated into managerial forecasts suggests that cost stickiness is …

corporate governance on a firms' information environment, specifically on analysts forecast accuracy, dispersion, precision of … forecast accuracy, only when voluntary disclosure is constant over time. Analysts forecast dispersion decreases when more …

by management sales forecasts, and relate it with management earnings forecast errors intending to capture additional … accrual component of earnings and management forecast errors, over and above historical current accruals. These findings are …