Some empirical evidence on the reliability of forecasted profits in Singapore

• Main Authors: Tan, Jwee Chye, Tan, Jwee Leng, Chan, Cheng Fei
• Other Authors: Foo See Liang
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/59774
• Institution: Nanyang Technological University

The purpose of this study is to provide an insight into the reliability of Chairman's Statement with respect to actual profits realised. The rationale for conducting this study centres on the issue that the Chairman's Statement is a voluntary, qualitative disclosure, yet many investors...