| Summary: | 碩士 === 國立政治大學 === 會計研究所 === 102 === The primary objective of this thesis is to explore whether the managerial ability is related to management earnings forecast, earnings forecast accuracy , and disclosure format. Additionally, this thesis investigates whether managerial ability increases the informativeness of management earnings forecast for (potential) investors.
Empirical results show that managers with superior ability tend to announce management earnings forecast and when managers have better ability, they shall announce more precise management earnings forecast. About disclosure format, this thesis finds that managers with superior ability prefer to announce complete earnings forecasts than simple ones. Additionally, market reaction will be more to the informativeness of management earnings forecast which made by managers with better ability.
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