| Summary: | 碩士 === 大葉大學 === 管理學院碩士在職專班 === 106 === This study used the sample from 2007 to 2012 in Taiwan to
discuss the impact of the conference call information on the earnings
forecast error, absolute earnings forecast error, and standard deviation
of earnings forecast.
The empirical results indicate as follows: There was a significant
negative correlation between the conference call and earnings forecast
error, and absolute earnings forecast error, but significant positive
correlation with the standard deviation of forecast earnings. The result
support institutional investors' conference would be helpful to reduce
the optimistic forecast and forecasting error of securities firms,
however, more institutional investors' conference also increase the
degree of dispersion between securities firms on earnings forecast.
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