Do Managers use Meeting an Analyst Forecast to Signal Private Information?
This paper investigates whether managers meet analyst forecasts to signal private information about the underlying value of one specific type of asset – patents. Prior research shows thereare a disproportionate number of firms that just meet analyst forecasts and there is compelling evidence of the...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2009
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Online Access: | https://ink.library.smu.edu.sg/soa_research/9 |
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Institution: | Singapore Management University |
Language: | English |