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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Format: | Doctoral Thesis |
Language: | English |
Published: |
2012
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Online Access: | http://hdl.handle.net/2286/R.I.14741 |