the most recent forecast in the month before the earnings announcement. Design/methodology/approach – Cross … of analysts' forecasts as proxies for expected earnings in Australian research, this paper provides insights to what … measure of the market's earnings expectations. Originality/value – This paper provides direct evidence of the accuracy of …

Purpose – This study aims to examine the accuracy of the earnings forecasts (EFs) included in the prospectuses of newly … to companies that are required to provide earnings estimates in their prospectuses. Thus holding companies, insurance … address the inaccuracy of earnings which can give negative signals to local and foreign investors.  …

‐based earnings management. This paper aims to extend their argument by examining whether the balance sheet constraint increases … managers' propensity to use either downward forecast guidance or real earnings management as a substitute mechanism to avoid … earnings surprises. Design/methodology/approach – Following Barton and Simko, the paper uses the beginning balance of net …

Purpose – The purpose of this paper is to assess management earnings forecasts in a continuous disclosure environment …. Design/methodology/approach – A large sample of hand checked Australian management earnings forecasts are examined. These … cost hypothesis. Increases in non‐routine management earnings forecasts post‐2000; and increases in the proportion of such …

labor earnings of young men across the cognitive ability distribution. We find that high ability men who are induced to … serve face a 7 percent earnings penalty, whereas low ability men face none. Educational career disruption is an important …