Notice of RetractionAnalyzing the relationship between managers' leadership competencies and leadership styles in design industries
This study investigated administrators in visual design, product design, interior design and fashion design industries in Taiwan. By judgment sampling, 80 companies in each industry category were selected and 960 questionnaires were posted. Major finding were as follows: (1) administrators in design industries perceived above midpoint on leadership competencies; (2) administrators reported differences in perceiving leadership competencies on different industry categories; (3) administrators in design industries reported differences in perceiving leadership competencies on different industry categories and leadership styles.
This paper investigates analysts' earnings forecasts for equities listed on the Australian Stock Exchange. Recent research shows that heuristics may influence analysts' decision making (see, Amir and Ganzach 1998), however, most of the evidence is limited to US and European markets. We provide further international evidence by examining the power of representativeness, anchoring and adjustment, and leniency heuristics on analysts' forecast errors using Australian data. Our findings show that analysts in Australia make forecasts optimistically - supporting the leniency hypothesis. We also find that analysts tend to overreact when forecast revisions and changes are positive and underreact when forecast revisions and changes are negative.