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Keywords: Mispricing
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Journal Articles
Journal:
Review of Accounting and Finance
Review of Accounting and Finance (2013) 12 (3): 204–225.
Published: 01 August 2013
... of consideration/financing and low Book‐to‐Market ratios with an approach based on analysts' earnings forecasts. The authors maintain that over‐pricing is associated with relatively optimistically biased forecasts and use a metric based on subsequent earnings disappointments to represent mispricing. Findings...
