Research into the Impact of Analysts´ Forecasts on Management Earnings Forecasts – Evidence from China
This paper investigates the effect of analysts´ forecasts on management earnings forecasts in the unique Chinese forecasting environment. The empirical results show that: a pessimistic bias in analysts´ forecasts encourages listed companies to disclose their earnings forecasts more accurately and on...
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| Format: | Article |
| Language: | English |
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Institute of Technology and Business, České Budějovice
2017-01-01
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| Series: | Littera Scripta |
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| Online Access: | http://www.littera-scripta.com/research-into-the-impact-of-analysts-forecasts-on-management-earnings-forecasts-evidence-from-china/ |