forecasts, this bias tending to be higher in countries with less investor protection. This forecast bias declined significantly …

forecast levels. A country's proximity to the US, importance to the firm, and visibility, as well as availability of more … precise information about foreign country exposures, contribute to consensus forecast efficiency. We identify a dimension of … — and show that it contributes to forecast efficiency, accuracy, and informativeness and that it helps the analyst achieve …

model focusing simply on the forecast horizon, for example …

, private firm disclosures allow analysts to better understand industry-wide business conditions, enabling them to forecast the …, thus leading to lower forecast accuracy. Employing a comprehensive international sample of public firms over the period … 2000-2016, we find that analysts’ public firm forecast accuracy is positively related to the level of information …