...Xiaoxiang Zhang; Jo-Ting Wei; Hsin-Hung Wu Purpose The purpose of this paper is to examine how family firms affect analyst forecast dispersion, accuracy and optimism and how earnings smoothness as the moderating factor, affects these relationships in an emerging market context. Design...

... strategy, analyst following, and analyst forecasts. Regression models are used in the testing of the hypotheses. Findings – First, results show that customer value disclosure is positively associated with analyst following and consensus in analyst earning forecasts. Second, environmental dynamism...