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the magnitude and direction of analysts' forecast revisions are positively associated with unexplained CEO compensation …, however. Analysts' forecast errors measured months after the DEF14A release are associated with past unexplained compensation …
Persistent link: https://www.econbiz.de/10012898620
We develop a model to predict bankruptcies, exploiting that negative book equity is a strong indicator of financial distress. Accordingly, our key predictor of bankruptcy is the probability that future losses will deplete a firm's book equity. To calculate this probability, we use earnings...
Persistent link: https://www.econbiz.de/10012899828
for past forecast errors …
Persistent link: https://www.econbiz.de/10012975673
earnings forecasters, we see that small adjustments to the model forecasts lead to more forecast accuracy. Based on past track …
Persistent link: https://www.econbiz.de/10013026946
In this paper, we employ the earnings model developed in Ashton and Wang (2013) to forecast the one- to three …
Persistent link: https://www.econbiz.de/10012987876
) biographical information provided by Estimize contributors are reliable; (2) forecast quality is conditional on whether …
Persistent link: https://www.econbiz.de/10012932897
forecast and the subsequent earnings announcement. Thus, when firms disaggregate forecasts and subsequently release … multiple benchmarks. Thus, we show that issuing a disaggregated earnings forecast to achieve the associated benefits can …
Persistent link: https://www.econbiz.de/10012933212
practical and important implications for users and disseminators of forecast information …
Persistent link: https://www.econbiz.de/10013062982
the magnitude and direction of analysts' forecast revisions are positively associated with unexplained CEO compensation …, however. Analysts' forecast errors measured months after the DEF14A release are associated with past unexplained compensation …
Persistent link: https://www.econbiz.de/10012863614
The aim of this study is to analyze the relationship between earnings management and model-based earnings forecast … accuracy. We provide evidence that firms with higher level of earnings management tend to exhibit larger forecast errors, i ….e., earnings forecast accuracy for these firms is lower. Further, we show that accounting for the level of earnings management in …
Persistent link: https://www.econbiz.de/10014238857