The effects of CSR performance on analyst forecast bias and forecast dispersion.

• Main Authors: Phua, Kenny Jing Wen., Teo, Yao Yang., Chan, Jian Rong.
• Other Authors: Chong Beng Soon
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Finance::Corporate governance
• Online Access: http://hdl.handle.net/10356/51784
• Institution: Nanyang Technological University

We examine the relationship between CSR performance measures and analysts’ earnings forecast bias and dispersion. Our empirical findings reveal that current and historical CSR concerns are associated with negative forecast bias while current CSR strengths are related to positive forecast bias. Addit...