Model-based earnings forecasts vs. financial analysts' earnings forecasts
                    
                        
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                    چکیده
منابع مشابه
Following the Leader: A Study of Individual Analysts Earnings Forecasts
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Theory suggests that managers issue earnings forecasts to reduce information asymmetry. An earnings forecast is more effective in reducing information asymmetry if it contains earnings news that is relatively more informative about the firm’s value. We hypothesize that a manager is more likely to issue an earnings forecast if investors perceive that earnings are more informative. We measure ear...
متن کاملShould Managers Provide Forecasts of Earnings ?
OVERVIEW The issue of whether managers should provide forecasts of earnings has received a large amount of attention in the last few years. While the debate has had input from a variety of sources, the discussion has not drawn on the large amount of empirical research examining management forecasts of earnings. This paper provides a review of that literature, first discussing the benefits of fo...
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ژورنال
عنوان ژورنال: The British Accounting Review
سال: 2019
ISSN: 0890-8389
DOI: 10.1016/j.bar.2018.10.002