Purpose – The purpose of this paper is to compare foreign listings on regulated and unregulated exchanges, and civil and common-law companies to test the effects of cross-listing (CL) on the firm's number of analysts and the accuracy of their forecast. Design/methodology/approach – The study...

Purpose – The purpose of this study is to examine whether financial analysts mislead investors in recognizing the differential persistence of the three cash flow components of earnings, defined by Dechow et al., in forecasting annual earnings. Design/methodology/approach – The paper uses...

Purpose – This paper aims to use Australian analysts' forecast data to compare the relative accuracy of consensus and the most recent forecast in the month before the earnings announcement. Design/methodology/approach – Cross-sectional regression is used on a sample of 4,358 company-year...