Empirical Tests of Efficiency in Financial Analysts' Earnings Forecasts: Evidence from UK
ABSTRACT Prior research has been widely documented that financial analysts earnings forecast are not consistent with rational expectations. For example, analysts do not efficiently use public information to predict earnings and they may issue forecasts that are systematically optimistic. Therefore,...
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2008
|
| Online Access: | https://eprints.nottingham.ac.uk/21831/ |