Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts
نویسندگان
چکیده
منابع مشابه
What do Analysts’ Forecasts Reveal about Analysts’ ‘Other’ Information? †
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Analysts often provide forecasts of one-year ahead earnings, earnings two-year ahead, as well as long-term earnings growth rates. In our attempts to understand the properties of these contemporaneous multi-period earnings forecasts, we begin by examining whether analysts’ earnings forecasts can be described using the linear information dynamics (LID). We find that LID is an appropriate descript...
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ژورنال
عنوان ژورنال: Journal of Financial Economics
سال: 2008
ISSN: 0304-405X
DOI: 10.1016/j.jfineco.2007.02.004