Discussion of "are earnings forecasts more accurate when accompanied by cash flow forecasts?"

Review of Accounting Studies

Volumn 14, Issue 2-3, 2009, Pages 392-400

  Lehavy, Reuven ^a  

^a UNIVERSITY OF MICHIGAN   (United States)

Author keywords

Cash flow forecasts; Earnings forecasts; Forecast accuracy

Indexed keywords

EID: 67349127593     PISSN: 13806653     EISSN: None     Source Type: Journal    
DOI: 10.1007/s11142-009-9090-y     Document Type: Conference Paper

References (9)

1. J Abarbanell R Lehavy 2003 Biased forecasts or biased earnings? The role of earnings management in explaining apparent optimism and inefficiency in analysts' earnings forecasts Journal of Accounting and Economics 36 105 146 (Pubitemid 38161315)
2. J Abarbanell R Lehavy 2007 Letting the "tail wag the dog": The debate over GAAP versus street earnings revisited Contemporary Accounting Research 24 657 674
3. Brown, L. D., & Pinello, A. S. (2008). Why do firms meet or beat analysts' cash flow forecasts but miss their earnings forecasts? Working Paper, Georgia State University.
4. Call, A., Chen, S., & Tong, Y. (2009). Are earnings forecasts more accurate when accompanied by cash flow forecasts? Review of Accounting Studies (this issue).
5. M DeFond M Hung 2003 An empirical analysis of analysts' cash flow forecasts Journal of Accounting and Economics 35 73 100 (Pubitemid 36316591)
6. M DeFond M Hung 2007 Investor protection and analysts' cash flow forecasts around the world Review of Accounting Studies 12 377 419
7. Givoly, D., Hayn, C., & Lehavy, R. (2009). The quality of analysts' cash flow forecasts. The Accounting Review (forthcoming).
8. McInnis, J., & Collins, D. W. (2008). Do cash flow forecasts deter earnings management? Working Paper, Tippie College of Business, University of Iowa.
9. Zhang, W. (2008). Real activity manipulations to meet analysts' cash flow forecasts. Working Paper, University of Texas at Dallas.