This paper examines whether managers strategically time their earnings forecasts (MEFs) as litigation risk increases. We find as litigation risk increases, the propensity to release a delayed forecast until after the market is closed (AMC) or a Friday decreases but not proportionally more for...

Consistent with a worldwide trend away from defined benefits towards accumulation benefits, many Australian employers, who traditionally offered their workers defined superannuation benefits, are closing their defined benefit plans to new members and/or offering existing members the option of...