We investigate whether a firm's market power within its product market affects management sales forecast behavior. Our … for industry-level competition effects and earnings forecast behavior. Overall, our findings are consistent with higher …-market-power firms being more willing to publicly disclose sales forecast information …

's behaviours, their management forecast disclosure may be affected by the behaviours of others. This study examines management … earnings forecast revisions in Japan from the standpoint of herding behaviour theory. The results reveal the following. (1 …) Management earnings forecast revisions follow the mean values of preceding forecast revisions issued by firms in the same …

forecast disclosure only accrue to bidders with a strong forecasting reputation prior to the acquisition. Explaining why not … all bidders forecast, we document a higher likelihood of post-merger litigation and CEO turnover for bidders with a weak …

test hypotheses on factors that determine analyst attention and how analyst attention affects forecast accuracy. I … firms with earnings that are difficult to forecast, suggesting that analysts suffer from a limited attention constraint …

We separate analyst forecast revisions into components representing industry-wide and firm-specific news. Using the … relation between analyst forecast revisions and upcoming news to estimate how completely analysts incorporate their private …-specific news in their forecasts, particularly when the underlying news is bad. Post-forecast-revision drift is strongly associated …

earnings. As analysts can save time and costs when disclosure quality is higher, their earnings forecast error and optimism … SZSE, and find that higher disclosure quality improves analysts' forecast accuracy, alleviates forecast optimism, and … reduces forecast dispersion …

provisions and similar non-adopters. In particular, we examine financial analyst following, financial analyst forecast accuracy …, and financial analyst forecast optimistic bias. We find that firms that adopt clawback provisions are followed by more …