Management forecasts and statistical prediction model forecasts in corporate budgeting

Article Abstract:

A comparison of management forecasts with statistical forecasts illustrates the limitations in the forecasting ability of humans. This human inadequacy is clearly noted in an environment wherein knowledge of basic departmental objectives and organizational influences are absent. Statistical models are observed to display greater forecast accuracy than human decision-makers. The superiority of models was derived from absolute percentage prediction error data of three management sales volume forecasts and two statistical forecasts using regression and time-series analysis.

Methods, Decision-making, Decision making, Economic forecasting, Business budgets, Regression analysis

---

Earnings management during import relief investigations

Article Abstract:

Managers decrease earnings during import relief investigations. This income-decreasing effect is observed in the earnings management functions of firms during the year of investigations regarding wealth transfers by the United States International Trade Commission. Total nondiscretionary accruals aree estimated using time-series models. The resulting discretionary accruals are examined through cross-sectional tests of the earnings management hypothesis using firm-specific expectations models.

Admin. of general economic programs, Accrual basis accounting, United States. International Trade Commission

---

The sale of assets to manage earnings in Japan

Article Abstract:

Japanese mangers' earnings forecast is used in transfering assets from asset and securities sales to more nearly match the forecast.

Japan, Corporate Profits, Management dynamics, Capital assets, Company business management

Similar abstracts:

• Abstracts: The influence of voice and explanation on performance in a participative budgeting setting. Is accounting a global or a local discipline? Evidence from major research journals
• Abstracts: Professional interests and strategic flexibility: a political perspective on organizational contracting. The economic dynamics of work
• Abstracts: Management of the political imperative in international business. Market structure and business performance: an evaluation of buyer-seller power in the PIMS database
• Abstracts: Noncontrollable costs and optimal performance measurement. Exact distributions of Bayesian Cox-Snell bounds in auditing
• Abstracts: Commentary on an empirical investigation of a general theory of marketing ethics. The incidence of unethical practices in marketing research: an empirical investigation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.