The influence of analyst and management forecasts on investor decision making: An experimental approach
- Chang, M
- Ng, Juliana
- Yu, Karen
Publication date
February 2016
DOI Publisher
University of New South Wales ISSN
1556-5068 Journal
issn:0312-8962 Citation count (estimate)
10Abstract
Analyst and management forecasts signal a firm's future prospects, and research suggests that investors are conscious of the differing incentives to release news. We examine investor reaction to the information contained in these forecasts by considerin
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