controlling shareholders impairs analyst forecast quality. We sample Chinese A-share firms and find that the proportion of shares … pledged (pledge ratio) by controlling shareholders and pledge ratios combined with margin call pressure are positively … associated with analysts’ earnings forecast error and dispersion. Analysts’ incentives moderate the association between pledge …

Purpose – The purpose of this paper is to examine the effect of shareholder rights on the quality of reported earnings … rights is incorporated and their joint impact on earnings quality is studied. Design/methodology/approach – Alternative … developed by DeChow et al. is used. Higher levels of DA imply lower quality of earnings. The independent variables of interest …