The movie industry is characterized by a high seasonality in viewer demand. In the US, the majority of revenues are concentrated around major public holidays in summer and winter, and so movie studios tend to time major releases for these periods. New research, however, suggests an additional factor could be useful in timing releases – the temperature ... Read More

Rounding off numbers to zero or five for earnings forecasts can help to simplify and communicate their value, but it is not the most accurate form of measurement. Previous research has suggested that analysts who round off are less informed than other analysts. Patricia M Dechow and Haifeng You suggest that is only part of the story. They extended the ... Read More