culture and personality of traders in a financial trading task. Participants were given 12 virtual shares of financial assets … openness to experience had lower trading latencies. Participants bought more shares when they forecast that prices would rise …. Western participants had lower trading latencies and lower return dispersions than Eastern participants. Those with greater …

Scholarship in finance has paid relatively little attention to the role of culture in financial decision … power of culture for these investment biases and outline several new potential directions for research …

firms' voluntary disclosure. We show that the increase in the issuance of management forecasts after IFRS adoption is … changes. We find no difference in the increase of forecast informativeness between firms from IFRS-mandating countries without … with concurrent enforcement changes exhibit a significantly smaller increase in forecast informativeness. Our findings …

in time through the posterior probability. Our findings show that (1) DMA improves forecasts compared to other frameworks … posteriori-Wahrscheinlichkeit, welche Prädiktoren zu verschiedenen Zeitpunkten für die Prognose relevant waren. Unsere Ergebnisse … zeigen, dass (1) DMA die Prognose im Vergleich zu anderen Verfahren verbessert und (2) dass die Goldpreisprädiktoren sich …

forecast levels. A country's proximity to the US, importance to the firm, and visibility, as well as availability of more … precise information about foreign country exposures, contribute to consensus forecast efficiency. We identify a dimension of … — and show that it contributes to forecast efficiency, accuracy, and informativeness and that it helps the analyst achieve …

election outcomes. Prediction market prices have been shown to be consistently accurate forecasts of these outcomes, but we don … incentives to acquire information about the outcome, thus tend to have better forecasts. Moreover, their trades have larger …

within a business group (BG analysts). For a group firm, we find that BG analysts issue more accurate forecasts than non … forecasts for the focal firm along the same direction as group peers’ earnings surprises. Confined to analysts’ coverage …