Accurate forecasts attract clients; Biased forecasts keep them happy

Author:

Zhang Chao,Shrider David G.,Han Dun,Wu Yanran

Funder

National Natural Science Foundation of China

Beijing Normal University

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference48 articles.

1. Tests of analysts’ overreaction/underreaction to earnings information as an explanation for anomalous stock price behavior;Abarbanell;Journal of Finance,1992

2. Investor sentiment and the cross-section of stock return;Baker;Journal of Finance,2006

3. Measuring economic policy uncertainty;Baker;Quarterly Journal of Economics,2016

4. Inside the “black box” of sell-side financial analysts;Brown;Journal of Accounting Research,2015

5. Wang Po peddling melon: self-managing business of securities companies and analysts’ optimism;Cao;Management World,2011

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