This study aims to investigate the effect of CSR disclosure on analyst forecast accuracy. In addition, this study aims to see the moderating role of public governance variables consisting of voice and accountability, government effectiveness and rule of law on the relationship between CSR disclosure and analyst forecast accuracy. These public governance variables are partly adopted from the worldwide governance indicators (WGI) for the purpose of analysis. The research sample is nonfinancial companies listed in the stock exchanges of six ASEAN countries including Indonesia, Vietnam, Thailand, Singapore, Malaysia and Philippines from 2013 to 2015. Analysis is done by using unbalanced panel data. The results showed that government effectiveness and rule of law strengthen the usefulness of CSR disclosure for analysts to predict earnings accurately, while voice and accountability is not proven to moderate the relationship between CSR disclosure and analyst forecast accuracy.