Risk pooling, supply chain hierarchy, and analysts' forecasts

• Main Authors: HU, Nan, KE, Jian-Yu, LIU, Ling, ZHANG, Yue
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: risk pooling; supply chain hierarchy; analyst forecast accuracy; public vs. private information; systematic risk; Databases and Information Systems; Finance and Financial Management; Operations and Supply Chain Management
• Online Access: https://ink.library.smu.edu.sg/sis_research/8011; https://ink.library.smu.edu.sg/context/sis_research/article/9014/viewcontent/RiskPooling_av.pdf
• Institution: Singapore Management University

We investigate whether a firm's risk pooling affects its analysts' forecasts, specifically in terms of forecast accuracy and their use of public vs. private information, and how risk pooling interacts with a firm's position in the supply chain to affect analysts' forecasts. We us...