This paper examines the relationship between accounting information quality and capital investment choice from the perspective of accounting information’s governance function. Measuring capital investment choice as the correlation of growth of operating income between company and industry,...

In real managerial decisions, situations frequently occur when the decisionmakers need to estimate the optimal production scale (the amount of input and output) for a strongly context-dependent decision-making unit (SCD-DMU) for decision support. While for the SCD-DMU, the obvious feature is...

Managers have great discretion in determining management forecast characteristics, but little is known about how managerial incentives affect these characteristics. In this paper, we examine whether managers strategically choose the precision of their earnings forecasts for self-serving...

Managers have great discretion in determining forecast characteristics, but little is known about how managerial incentives affect these characteristics. This paper examines whether managers strategically choose forecast precision for self-serving purposes. Building on the prior finding that the...