The Ability of Analysts' Recommendations to Predict Optimistic and Pessimistic Forecasts
نویسندگان
چکیده
منابع مشابه
The Ability of Analysts' Recommendations to Predict Optimistic and Pessimistic Forecasts
Previous researches show that buy (growth) companies conduct income increasing earnings management in order to meet forecasts and generate positive forecast Errors (FEs). This behavior however, is not inherent in sell (non-growth) companies. Using the aforementioned background, this research hypothesizes that since sell companies are pressured to avoid income increasing earnings management, the...
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ژورنال
عنوان ژورنال: PLoS ONE
سال: 2013
ISSN: 1932-6203
DOI: 10.1371/journal.pone.0073853