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 …

, negative accounting biases, instead of counteracting positive managerial bias, act to further reduce disclosure, and thus the …We examine the impact of biases in managerial judgment and in accounting reports on the disclosure of unverifiable … information, and negatively biased accounting (conservatism), reduce timely disclosure of private managerial information by firms …