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MANAGEMENT FORECAST CONSISTENCY

"...We argue that forecasts that are a predictable transformation of realized earnings without random error are more informative than unbiased forecasts with a small unpredictable error even if biased forecasts are less accurate..." 

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Tel: 123-456-7890

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Interests
Managerial attributes, financial reporting and voluntary disclosure, Analysts’ forecasts and recommendations

Published Papers

15. Flu Fallout: Information Production Constraints and Corporate Disclosure

14. Strategic Disclosure and Debt Covenant Violation 

13. “Non-GAAP Earnings and Stock Price Crash Risk” 

12. “Insider Sales under the Threat of Short Sellers: New Hypothesis and New Tests”

11. “Bundled Earnings Guidance and Analysts’ Forecast Revisions” 

10. Generalist CEOs and Audit Pricing” 

9. “Labor Market Mobility and Expectation Management: Evidence from Enforceability of Non-Compete Provisions”  

8Does Media Exposure Affect Financial Reporting Quality Through Auditors?

7Auditor Choice and Information Asymmetry: Evidence from International Syndicated Loans

6. “Shareholder Litigation and Corporate Disclosure: Evidence from Derivative Lawsuits”

5. Does Accounting Conservatism Mitigate the Shortcomings of CEO Overconfidence?

4. “The Bright Side of Managerial Over-optimism”

3. Management Forecast Consistency

2. “The Impact of Internal Control Weakness Reporting on External Financing” 

  • with Wei Shi 2012. 

  • Journal of Contemporary Accounting and Economics 8 (2): 92-109.

1. “The Spillover Effect of Disclosure Rule and Materiality Thresholds: Evidence from Profit Warnings Issued in Hong Kong Markets”

  • with Yao Zhang 2010. 

  • China Journal of Accounting Research 4 (1-2): 63-80.

Selected Working Papers
1. “Messaging without a Message: Executive Value and Social Media Activity”

(with Tina Gao and Gilles Hilary).

2. Auditor Competencies, Organizational Learning, and Audit Quality: Spillover Effects of Auditing Cross-Listed Clients

(with Wei Luo, Xinyan Luo, and Zhiming Ma).

3. “Attorney Self-Interest, Managerial Discretion over Tax Avoidance, and Firm Value”

(with Travis Chow).


 More Detail at Google Scholar

Research

Lonestar where are you out tonight? 
This feeling I'm trying to fight
It's dark and I think that I would
Give anything
For you to shine down on me
How far you are I just don't know
The distance I'm willing to go
I pick up a stone that I cast to the sky
Hoping for some kind of sign
Lonestar where are you out tonight?
This feeling I'm trying to fight
Norah Jones - Lonestar
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