E-Book, Englisch, 125 Seiten, eBook
Reihe: Quantitatives Controlling
Gell Determinants of Earnings Forecast Error, Earnings Forecast Revision and Earnings Forecast Accuracy
2012
ISBN: 978-3-8349-3937-1
Verlag: Betriebswirtschaftlicher Verlag Gabler
Format: PDF
Kopierschutz: 1 - PDF Watermark
E-Book, Englisch, 125 Seiten, eBook
Reihe: Quantitatives Controlling
ISBN: 978-3-8349-3937-1
Verlag: Betriebswirtschaftlicher Verlag Gabler
Format: PDF
Kopierschutz: 1 - PDF Watermark
Earnings forecasts are ubiquitous in today’s financial markets. They are essential indicators of future firm performance and a starting point for firm valuation. Extremely inaccurate and overoptimistic forecasts during the most recent financial crisis have raised serious doubts regarding the reliability of such forecasts. This thesis therefore investigates new determinants of forecast errors and accuracy. In addition, new determinants of forecast revisions are examined. More specifically, the thesis answers the following questions: 1) How do analyst incentives lead to forecast errors? 2) How do changes in analyst incentives lead to forecast revisions?, and 3) What factors drive differences in forecast accuracy?
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
Financial analysts.- Earnings forecast error.- Earnings forecast accuracy.- Earnings forecast revision.- Conservatism.- Forecast effort.