if managers efficiently process information in prior forecast errors and truthfully convey their earnings expectations …. Further analyses suggest that managers' unintentional information processing bias contributes to this positive serial …We examine whether management earnings forecast errors exhibit serial correlation and how analysts understand the …

with the magnitude of the bias in analysts' earnings forecasts. We posit that there is higher demand for non …

We address whether analysts bias earnings forecast revisions and convey the bias using forecast revision consistency, i … forecast revision consistency to convey information about bias in their earnings forecast revisions ….e., the extent to which analyst reports with earnings forecast revisions include stock recommendation and target price …

forecast errors and accruals, which we label “managers' accrual-related forecast bias.” We build on extensive research which … bias in their forecasts. We also find a substantial decline in managers' accrual-related forecast bias following the … importantly, we find that the effect of forecasting difficulty on managers' accrual-related forecast bias occurs only in the pre …

updates to the forecast and the 10-K report. Lastly, we show that financial analysts rely more on the earnings forecasts of …

a nudge promoting a social norm of exerting one’s best forecast effort and document its impact on the forecasting … that nudging reduces forecast herding, and leads to a less biased, more accurate, and more representative consensus … forecast. However, the effects of nudging depend on forecasters’ commitment to the forecasting task as only committed …