Separating the Effects of Asymmetric Incentives and Inefficient Use of Information on Financial Analysts' Consensus Earnings Forecast Errors
Prior research on financial analysts’ consensus earnings forecast errors has tended to explore either incentives-based or inefficient information use-based explanations for the properties of the analysts’ forecast errors. This has limited our understanding of financial analysts’ expectation formatio...
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Main Authors: | Markov, Stanimir, TAN, Min Yen |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2005
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Online Access: | https://ink.library.smu.edu.sg/soa_research/166 https://ink.library.smu.edu.sg/context/soa_research/article/1165/viewcontent/markovtan_09_16_05.pdf |
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Institution: | Singapore Management University |
Language: | English |
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