Purpose - The purpose of this paper is to test whether financial analysts' rationality in making stocks' earnings forecasts is homogenous or not across different information regimes in stocks' past returns. Design/methodology/approach - By treating stocks' past returns as the information...

Purpose - High-quality development of marine economy is a new concept put forward in response to the current national strategy in China. The purpose of this paper is to thoroughly understand the connotation and significance of high-quality development of marine economy through literature review,...