Dambra, Michael; Wasley, Charles E.; Wu, Joanna Shuang - 2011
forecast precision, clarity, and verifiability affects the bias, quality, and stock price effects of such forecasts. Many MCFFs … over forecast precision, clarity, and verifiability affects the bias, quality, and stock price effects of such forecasts …-Talk” MCFFs and predict, due to their lower precision and clarity, potential for bias, and low ex-post verifiability, that they …