The Roles that Forecast Surprise and Forecast Error Play in Determining Management Forecast Precision

• Main Authors: CHOI, Jong-Hag, MYERS, Linda A., ZANG, Yoonseok, ZIEBART, David A.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2010
• Subjects: management forecasts; management forecast precision; management forecast surprise; management forecast error; Accounting; Corporate Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/soa_research/147; https://ink.library.smu.edu.sg/context/soa_research/article/1146/viewcontent/Role_forecast_surprise_av_2009.pdf
• Institution: Singapore Management University

Studying the determinants of management forecast precision is important because a better understanding of the factors affecting management’s choice of forecast precision can provide investors and other users with cues about the characteristics of the information contained in the forecasts. In additi...