' forecasts and the role of firm disclosure about IFRS impact. We find that analyst forecast accuracy improves and there is no … at the end of the transition year with forecast error and dispersion in the adoption year. The results question the …

how they plan to achieve their bottom-line earnings targets. We assess the effect of this forecast disaggregation on the …. First, disaggregation plays a more important role when earnings are otherwise more difficult to forecast. Second …

We examine the consequences of a management earnings forecast regulation implemented in a staggered manner. The … stock price informativeness of the directly affected firms that issue a forecast. The regulation also helps increase the …

find that their legal expertise, accounting expertise and foreign experience helps improve management earnings forecast …

. The failure of management to attain a forecast may reflect poorly on its industry understanding, knowledge of the firm …

reinforcing and contradicting analyst forecast revisions issued during earnings announcements (days 0 and 1) on the market … response to unexpected earnings. We classify forecast revisions as reinforcing (contradicting) when the sign of analyst … forecast revisions agrees (disagrees) with the sign of unexpected earnings. We document larger (smaller) earnings response …

investment banking business. Although analysts sacrifice their forecast accuracy by overweighting management guidance, they …