Mandatory IFRS adoption and analyst forecast accuracy: the role of financial statement-based forecasts and analyst characteristics
This study examines whether the improvement in analyst forecast accuracy around mandatory IFRS adoption is associated with the improvement in the accuracy of financial statement-based forecasts. We find significant out-of-sample improvement in financial statement-based forecast accuracy around manda...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Springer New York LLC
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |