Local Analyst Earnings Forecast Advantages in Europe
Local analysts may be in an advantageous earnings forecast position relative to non-local analysts due to information asymmetries, different incentives or lower information search costs. Alternatively, local managers may manage earnings towards local analyst earnings forecasts. Supporting these conj...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2004
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Online Access: | https://ink.library.smu.edu.sg/soa_research/305 http://ssrn.com/abstract=515723 |
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Institution: | Singapore Management University |
Language: | English |