#2603. Macroeconomic uncertainty and management forecast accuracy
March 2027 | publication date |
Proposal available till | 30-05-2025 |
5 total number of authors per manuscript | 5500 $ |
The title of the journal is available only for the authors who have already paid for |
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Journal’s subject area: |
Accounting;
Finance;
Economics and Econometrics; |
Places in the authors’ list:
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)
5 place - free (for sale)
Abstract:
The article examines the impact of macroeconomic uncertainty on the accuracy of managements earnings forecasts. The results show that macroeconomic uncertainty reduces the likelihood of errors of optimism, but not pessimism. These results are consistent with a scenario where managers try not to miss out on their forecasts or revise their forecasts downward, because investors give more weight to bad news when macroeconomic uncertainty is high.
Keywords:
Macroeconomic uncertainty; Management earnings forecast; Volatility index
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