Papadaki, Afroditi; Pavlopoulou-Lelaki, Olga-Chara - In: Accounting Research Journal 35 (2021) 3, pp. 408-426
Purpose: The purpose of this study is to examine the sophistication (accuracy, bias, informativeness for changes in accruals) and market pricing of analysts’ cash flow forecasts for Eurozone listed firms and the effects of financial distress and auditor quality. Design/methodology/approach:...