Choi, Ka Wai; Chen, Xiaomeng; Wright, Sue; Wu, Hai - In: Abacus 50 (2014) 2, pp. 146-173
type="main" <p>This paper examines analysts' earnings forecasts during the period of uncertainty following a change of chief executive officer (CEO). It distinguishes between forced and non-forced CEO changes, and examines whether analysts utilize their information advantage to reduce the...</p>