EARNINGS MANAGEMENT AND EARNINGS FORECAST DISPERSION
Firms that barely beat the market expectation show higher consensus ofearningsforecasts than do their counterparts that barely miss it. Differences in stock returns around earnings announcements between firms that beat and miss the market expectation are statistically significant when the consensus...
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| Format: | Article |
| Language: | English |
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People & Global Business Association (P&GBA)
2004-03-01
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| Series: | Global Business and Finance Review |
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| Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20150624122947-TELQ9.pdf |