analysts. After controlling for the distance to the nearest forecast, our evidence shows that firms are more likely to beat an … incremental forecast with a decrease in ETR compared to missing an incremental forecast with an increase in ETR. Our study …

We examine how analysts' earnings forecast properties vary when accounting information is more difficult to process …. Specifically, we investigate whether analysts' forecast properties are associated with traditional real earnings management (REM …) measures. We hypothesize and find that analysts' forecast errors and dispersion are greater for REM firms. Next, we investigate …