IPO Anomalies and Analyst’s Selective Forecast

碩士 === 東海大學 === 財務金融學系 === 95 === This paper investigates security analysts' prediction ability on the IPO stocks’ future performance by using the US data sets from 1990 to 2004. According to Lim (2001), positive forecast bias exists in an analyst's rational behavior, given the condition o...

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Bibliographic Details
Main Authors: Ho-Sung Liu, 劉和松
Other Authors: Yung-Ho Chang
Format: Others
Language:zh-TW
Published: 2007
Online Access:http://ndltd.ncl.edu.tw/handle/00031213286422034935