Political Patronage and Analysts’ Forecast Precision

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Political Patronage and Analysts’ Forecast Precision

We test whether the channel by which the government plays the role of political patron to selected firms influences analysts’ forecast precision in Malaysia. Correcting for analysts’ self-selection bias, we find a negative relation between analysts’ forecast errors and the social dimension of politi...

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Bibliographic Details
Main Authors:	Abdul Wahab, Effiezal Aswadi, How, J., Verhoeven, P., Park, J.
Format:	Journal Article
Published:	Elsevier 2018
Online Access:	http://hdl.handle.net/20.500.11937/70164

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