Low-Carbon City Initiatives and Analyst Behaviour: A Quasi-Natural Experiment

This paper investigates how environmental regulation and action affect analyst behaviour. Exploiting staggered enactment of low carbon city (LCC) initiatives in a difference-in-differences (DiD) setting, we observe that analyst forecast accuracy (dispersion) is significantly lower (greater) for clie...

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Bibliographic Details
Main Authors: Cao, June, Li, W., Bilokha, A.
Format: Journal Article
Published: 2022
Online Access:http://hdl.handle.net/20.500.11937/88981