We examine whether firms that capitalize a higher proportion of their underlyingintangible assets have higher analyst following, lower dispersion of analysts?earnings forecasts and more accurate earnings forecasts relative to firms thatcapitalize a lower proportion. Under Australian generally...

The objective of this study is to provide evidence on how technological innovation conditions underlying the firm's investments drive earnings growth and, hence, market value of equity. Technologies develop and flourish or die out through the combined investment decisions of those firms doing...

This paper examines the question of how analysts forecast earnings. We examine the determinants of analysts? forecasts of both short and long run earnings. The paper is motivated by the importance of analyst forecasts as proxies for expected earnings, which is accompanied by a large literature...