present a model in which forecast accuracy and timing are affected by information uncertainty stemming from (i) the presence … of forecast bias and (ii) investors' limited capability to adjust to this bias. We assume that the presence of a bias is … affects the trade-off between timeliness and forecast quality. We find that the optimal forecasting time varies non …

that analysts’ forecast errors increase with EPU, as does the degree of forecast dispersion. Increased error and dispersion … heterogeneity in forecast quality across both analyst and firm characteristics establishes that forecast error and dispersion … sensitive versus policy neutral provide consistent evidence that analyst forecast errors and dispersion increase with EPU, even …

This study examines the relationship between components of OCI and analysts' forecasting behaviour, being forecast … negatively associated with forecast accuracy and herding. We also find that available for sale (AFS) amounts are positively … associated with forecast accuracy, herding and analyst following. Together with prior evidence, our findings provide empirical …

with both higher individual analysts' forecast errors and forecast dispersion. This suggests that the increasing complexity … surrounding the capitalization of development costs negatively impacts forecast accuracy. However, for firms with high underlying … environmental uncertainty, forecast errors are negatively associated with capitalized development expenditures. This indicates that …

uncertainty, as reflected by greater timeliness with no loss in forecast accuracy. In contrast, analysts have greater difficulty … dealing with heightened market uncertainty, as both timeliness and forecast accuracy decline …

positively associated with forecast distributions that are more dispersed and exhibit stronger bimodal patterns, consistent with …