Our experiment investigates using group identification and decision disclosure to reduce partners' tendencies to risk partnership assets for personal gain. We manipulate group identity (weak, strong) and decision disclosure (yes, no) and ask participants to decide whether to protect partnership...

Prior evidence suggests that managers and investors play an earnings game in which managers bias their earnings forecasts downward as the earnings announcement date approaches. Knowing managers' incentives to provide biased guidance, investors still revise their expectations downward helping to...

This study investigates the effects of fundamentals ambiguity and guidance credibility on analyst forecast revisions and manager guidance truthfulness. We manipulate earnings probability precision and managers' (ex ante) guidance credibility in an experiment with an embedded sender-receiver...