Rationality of Analysts' Earnings Forecasts: UK Evidence
Analysts play crucial role in capital market. However, numerous prior researches provide evidence that analysts' earning forecasts are not efficient with respect to new information. Basu and Markov (2004) re-examine the efficiency of analysts' earning forecasts using both quadratic loss fu...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2008
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| Online Access: | https://eprints.nottingham.ac.uk/22108/ |