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This paper investigates analysts' earnings forecasts for equities listed on the Australian Stock Exchange. Recent research shows that heuristics may influence analysts' decision making (see, Amir and Ganzach 1998), however, most of the evidence is limited to US and European markets. We provide...
Persistent link: https://www.econbiz.de/10012729822
In the conflict bargaining literature, three variables have a primary explanatory role: relative power, status quo conditions, and leadership preferences. While leadership preferences loom large in case study research, they are virtually absent from large-N statistical studies. We argue that a...
Persistent link: https://www.econbiz.de/10014143376
In bargaining models of internal ethno-territorial conflicts, variation in leadership preferences has a significant impact on expected conflict outcomes. Relative power has an impact conditional on leadership preferences. Conflict among cost-conscious narrow nationalists is expected to be...
Persistent link: https://www.econbiz.de/10013140844
We investigate the influence of exchange rate regimes on the foreign exchange exposure of emerging market firms. Using a sample of 1,523 firms from 20 countries for the period December 1999 to December 2010, we find that about half of the firms are significantly exposed to exchange rate...
Persistent link: https://www.econbiz.de/10013059914