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Understanding analysts' use of stock returns and other analysts' revisions when forecasting earnings
Clement, Michael B.; Hales, Jeffrey; Xue, Yanfeng - In: Journal of accounting & economics 51 (2011) 3, pp. 279-299
Persistent link: https://www.econbiz.de/10009008149
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Discussion of "the effects of forecast type and performance-based incentives on the quality of management forecasts"
Hales, Jeffrey - In: Accounting, organizations and society : an … 46 (2015), pp. 19-22
Persistent link: https://www.econbiz.de/10011420830
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Understanding Analysts' Use and Under-Use of Stock Returns and Other Analysts' Forecasts when Forecasting Earnings
Clement, Michael B.; Hales, Jeffrey; Xue, Yanfeng - 2015
In this study, we examine how analysts are affected by the public actions of investors and other analysts by closely examining how analysts revise their earnings forecasts after an earnings announcement. In particular, we hypothesize that analysts observe the actions of investors and other...
Persistent link: https://www.econbiz.de/10014224917