Do Financial Analysts Respond Efficiently To Managers' Earnings Guidance?

abstract: When managers provide earnings guidance, analysts normally respond within a short time frame with their own earnings forecasts. Within this setting, I investigate whether financial analysts use publicly available information to adjust for predictable error in management guidance and, if so...

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Bibliographic Details
Other Authors: Lin, Kuan-Chen (Author)
Format: Doctoral Thesis
Language:English
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/2286/R.I.14741