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Financial analyst characteristics and herding behavior in forecasting
This study classifies analysts' earnings forecasts as herding or bold and finds that (1) boldness likelihood increases with analyst's prior accuracy, brokerage size, and experience and declines with the number of industries the analyst follows, consistent with theory linking boldness with career concerns and ability ; (2) bold forecasts are more accurate than herding forecasts ; and (3) herding forecast revisions are more strongly associated with analysts' earnings forecast errors ( actual earnings-forecast ) than are bold forecast revisions..Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : The American Finance Association |
|---|---|
| Edisi | - |
| Subjek | - |
| ISBN/ISSN | 00221082 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |