associated with higher forecast accuracy. This finding is consistent with the hypothesis that enforcement encourages managers to … the level of annual report disclosure; and between forecast accuracy and the degree of enforcement of accounting standards …. I document that firm-level disclosures are positively related to forecast accuracy, suggesting that such disclosures …

We examine the effect of media competition on analyst forecast properties in an international setting using 113 … competition tend to follow more firms, suggesting that stronger media competition reduces analysts' information acquisition costs …

This study examines whether the improvement in analyst forecast accuracy around mandatory IFRS adoption is associated … in financial statement-based forecast accuracy around mandatory IFRS adoption and significant improvement in analyst … forecast accuracy only in countries that made concurrent improvements to financial reporting enforcement. We show that the …

We examine the relationship between disclosure of nonfinancial information and analyst forecast accuracy using firm … forecast error. This relationship is stronger in countries that are more stakeholder-oriented — i.e., in countries where CSR …

and forecast properties is more pronounced in countries with less effective competition laws and higher entry costs. These …, higher forecast accuracy, and lower forecast dispersion. Moreover, the effect of product market power on analyst following …

We consider forecast guidance as a mechanism that managers use to avoid negative earnings surprises. Modeling forecast … forecast guidance to avoid negative earnings surprises than managers in weak-investor-protection countries. We also show that … US managers are more prone to use forecast guidance to avoid negative earnings surprises than managers in other countries …