empirical study has investigated the nexus between the analyst forecast dispersion (AFD) and excess returns surrounding stock …

Prior studies found that analyst forecast dispersion predicts future market returns. Some prior studies attribute this …

controlling shareholders impairs analyst forecast quality. We sample Chinese A-share firms and find that the proportion of shares … associated with analysts’ earnings forecast error and dispersion. Analysts’ incentives moderate the association between pledge … ratios and forecast predictions. High performing analysts most sensitive to reputational concerns continue to report …