... of the 2000-2001 crash on the analysis. When financial analysts receive new information, they incorporate this information into their initial forecast and produce a new forecast. If this information is underweighted, the revision is too small: analysts underreact. Conversely, if this information...

... research Financial investment Financial analysts Share prices USA © MCB UP Limited 2000 Managerial Finance 36 The Investment Value of Analysts Recommendations: Evidence From the Dartboard Contest by Steven R. Ferraro, Associate Professor of Finance, Department of Accounting, Finance and Law...

... but not for regional banks. Concludes that bond rating agencies assist market discipline by providing useful information on risk. © MCB UP Limited 2000 Accounting research Risk rating Banking Financial analysts Forecasting USA Volume 26 Number 2 2000 31 Too Big to Downgrade : The Response...

...Ahmed Riahi‐Belkaoui; Dimitra Koula Alvertos Summarizes previous research on financial analysts’ forecasts and the segmentation of international finance markets. Hypothesizes that the accuracy of earnings forecasts in a country is negatively related to the country return, and positively...

... Limited 1998 Accounting research Financial analysts Forecasting USA Volume 24 Number 6 1998 23 Divergence of Analysts Earnings Forecasts and the Stock Returns-Earnings Relation* by Florence R. Kirk, State University of New York at Oswego, Gerald J. Lobo, Syracuse University and Stephen R...

...James W. Bannister; Harry A. Newman Explains why financial analysts could find it useful to separate past earnings into discretionary accruals and earnings before discretionary accruals; referring to related research to develop hypotheses on the effects of both on the change in analysts’ earnings...

...Somnath Das Refers to previous research on the accuracy of financial analysts’ earnings forecasts and explores the differences in accuracy for loss making and non‐loss making firms using 1985‐1993 US data. Finds an optimistic bias for both types of firms (smaller for more recent forecasts); which...