Does the Market Listen to Whispers

• المؤلفون الرئيسيون: BHATTACHARYA, Nilabhra, Sheikh, Aamer, Thiagarajan, Ramu
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2006
• الموضوعات: Accounting; Portfolio and Security Analysis
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/965

In this study, we investigate the characteristics and information content of whisper forecasts of earnings. Based on data on earnings whispers obtained from public sources and from one private website (‘getwhispers.com’), we examine whether whisper forecasts are more optimistic, on average, than con...