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disentagle, whether and to which extent strategic deception or cognitive biases are resposible for this overoptimism, the present … overpessimistic. I propose that the non-existence of a general bias towards overoptimism is due to the lack of incentives to … consciously overgloss future prospects in undisclosed forecasts and that overpessimism may be a consequence of loss aversion. …
Persistent link: https://www.econbiz.de/10010305994
disentagle whether and to which extent strategic deception or cognitive biases are resposible for this overoptimism, the present … overpessimistic. I propose that the non-existence of a general bias towards overoptimism is due to the lack of incentives to … consciously overgloss future prospects in undisclosed forecasts and that overpessimism may be a consequence of loss aversion. …
Persistent link: https://www.econbiz.de/10010307623
disentagle whether and to which extent strategic deception or cognitive biases are resposible for this overoptimism, the present … overpessimistic. I propose that the non-existence of a general bias towards overoptimism is due to the lack of incentives to … consciously overgloss future prospects in undisclosed forecasts and that overpessimism may be a consequence of loss aversion. …
Persistent link: https://www.econbiz.de/10009402039
The new type of industrialization called Industry 4.0 is gaining increasing importance for manufacturing and service firms alike. Industry 4.0 is characterized by the interconnection between different information and communication technologies and between production facilities such as machines,...
Persistent link: https://www.econbiz.de/10012832964
Using combinations of weekdays and times of day (before, during, and after trading hours) of earnings announcements, we examine whether managers attempt to strategically time these announcements. We document that the worst earnings news is announced on Friday evening and find robust evidence...
Persistent link: https://www.econbiz.de/10013004152
The question of why some companies pay fewer taxes than others is a widely investigated topic of interest. One of the well-known explanations is a phenomenon called tax avoidance. We develop a grounded theory model of influences on corporate tax planning through a series of 19 in-depth German...
Persistent link: https://www.econbiz.de/10013032145
. -- Management forecasts ; Overoptimism ; Overpessimism ; Germany … disentagle whether and to which extent strategic deception or cognitive biases are resposible for this overoptimism, the present … overpessimistic. I propose that the non-existence of a general bias towards overoptimism is due to the lack of incentives to …
Persistent link: https://www.econbiz.de/10009389905
The question of why some companies pay more taxes than others is a widely investigated topic of interest. One of the famous suspect explanations is a phenomenon called tax avoidance. We develop a holistic theoretical concept of influences on corporate tax planning through a series of 19 in-depth...
Persistent link: https://www.econbiz.de/10010410576
Persistent link: https://www.econbiz.de/10013177090
We investigated the effects of privatization on hospital efficiency in Germany. To do so, we obtained bootstrapped DEA …
Persistent link: https://www.econbiz.de/10010310631