This research finds that firm-specific experience significantly reduces analyst forecast accuracy, indicating the existence of “catering” behavior by which analysts issue favorable forecasts for the listed companies they have long-time relationships. Heterogeneity analysis finds out that the...

Purpose - The results of this study have significant policy implications for charting a new course toward enhancing agricultural productivity among Chinese farmers. Design/methodology/approach - By establishing a rural household decision-making model based on the transfer market of farmland...