' 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 …

forecast more frequently when traded CDSs reference their firms. We further find a stronger impact of CDS availability on firm …

An extensive stream of literature investigates how product market competition, by increasing the proprietary costs of … with how a disclosure is framed and structured. We predict and find that the intensity of competition in the product market … competition. Our results are robust to matched analyses on cash flow uncertainty and hold when only examining sentences …

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 …

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 …