that the average forecast error has decreased over time reflecting the maturing of the Chinese securities firms. Affiliated … than un-affiliated firms which is contrary to findings from other countries. Also, forecast errors produced by local … to forecast earnings. Finally financial markets react stronger to stock recommendations by star analysts …

This paper examines the impact of earnings announcements and earnings forecast revisions on stock returns across …-looking earnings announcement information and forward-looking earnings forecast information on the price of equity shares. We analyze … availability and actual or perceived reliability affect this relationship. We find that forward-looking analyst forecast …

(July 2007 to March 2009) resulting in larger forecast errors. Of our risk indicators only credit risk (5-year CDS spreads … accurate forecasts. Leverage is negatively linked to forecast error as is market volatility which has a differential impact on …

predict that this reluctance allows each firm's conservative forecast to be heavily influenced by the firm's past performance …

We test the implications of anchoring bias associated with forecast earnings per share (FEPS) for forecast errors … more positive forecast revisions, more negative forecast errors, and more negative earnings surprises after a stock split …

in the next quarter. Our oil-response forecast strategy earns especially high returns in periods that follow large …

financial year-ends. A change in a median consensus forecast should be followed directly by a commensurate change in share price …