measure of soft information. Using a panel regression of analysts forecast error on observable firm-specific, analyst …-effect is associated with a low forecast error, and that a high pair-effect is associated with a high forecast error, may the …. Although they refer to opposite forecast patterns, pessimism and optimism both result from the same analyst's concern to …

introduction of international accounting standards has been associated with a significant improvement in forecast accuracy … effect, while significant, explains only a small portion of the overall improvement in forecast accuracy. Further analyses …We examine whether the introduction of international accounting standards by German companies has improved the accuracy …

We analyze the determinants of financial analysts' forecast accuracy. The empirical literature has enlightened … variables related to analysts, to firms or both, in explaining the magnitude of forecast accuracy. But this literature does not … (positive forecast errors). We test to what extent forecast accuracy would differ according to specific 'analyst-firm' pairs …

We analyze whether analysts sacrifice forecast accuracy for informativeness by examining: (1) the association between …' forecast accuracy, they improve the informativeness of their earnings estimates. More specifically, they bring the analysts … analysts' deviations from management guidance and earnings management; (2) the effect of the deviations on analyst forecast …

This study examines the effects of customer satisfaction on analysts' earnings forecast errors. Based on a sample of … reduces earnings forecast errors. However, analysts respond to changes in customer satisfaction but not to the ACSI metric per … of customer satisfaction on analysts' forecast errors differ across economic sectors. We discuss the implications of our …

forecast properties. The evidence shows that analysts' earnings forecast accuracy is higher and the forecast dispersion is … higher forecast accuracy and less forecast dispersion in the non-Big Five auditor sample but not in the Big Five auditor …

. Separately, professional analysts forecast stock returns daily for their clients. Are the sophisticated methods of researchers … the forecast distribution. Then, using cross-sectional regressions, I show that this difference originates in the distinct …

reaction is stronger when Chinese analysts issue favorable forecast revisions or upgrades about Chinese firms …

structure is convex in their forecast accuracy rankings, and their private signals are conditionally correlated, then …This paper studies the effect of competition on analysts' forecast informativeness. I show that the impact of … competition on forecast informativeness is ambiguous in general, and identify the necessary and sufficient conditions under which …