We examine the effect on earnings forecast accuracy when financial analysts add or drop coverage. We find that the … accuracy of analysts' first forecast for a firm (newly added coverage) is lower relative to their peers. In addition, the … accuracy of their last forecast (just before coverage is dropped) is also lower relative to their peers. Further analysis shows …

might refrain from issuing earnings forecasts for sticky cost firms because greater forecast errors might damage managers … forecast errors suggesting that managers do not fully incorporate the negative implications of cost stickiness into their … forecasts. Finally, we find that analysts' forecast errors for sticky cost firms are greater than those of managers' …

increase as the likelihood that management is withholding value-relevant negative information increases, causing managers to … preceding sales contractions (bad news) and the difference between the forecast disclosure frequency preceding sales expansions …

This study examines the relationship between components of OCI and analysts' forecasting behaviour, being forecast … negatively associated with forecast accuracy and herding. We also find that available for sale (AFS) amounts are positively … associated with forecast accuracy, herding and analyst following. Together with prior evidence, our findings provide empirical …

Does a company's stock mispricing influence its decision to issue an earnings forecast? Does executive compensation … affect the nature of the forecast? How does the market react to these forecasts? I address these questions using cross …-sectional and time-series variation in stock mispricing related to the liquidity-driven trades of mutual funds. I find that managers …

for past forecast errors …

' forecasts after the adoption of IFRS 3 and IAS 38 for Asian firms. In addition, we investigate whether the forecast relevance of … intangibles and analysts' earnings forecast errors. However, a further analysis indicates that the capitalization of intangibles … following the rules of IFRS 3 and IAS 38 significantly improves analysts' earnings forecast accuracy for firms with higher level …

We examine the association between goodwill impairment charges and analysts' forecast accuracy and dispersion. We … charges is also negatively associated with forecast accuracy and positively associated with forecast dispersion. However, two … impairments on analyst forecast dispersion …