search query: @author Kallunki, J-P. / total: 10
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Author: | Kallunki, J-P. Martikainen, M. Nilsson, H. |
Title: | Analyst profession, accounting earnings and stock returns: Swedish evidence |
Journal: | Liiketaloudellinen aikakauskirja
2004 : 4, p. 404-426 |
Index terms: | Stock markets Scandinavia Nordic countries Sweden |
Language: | eng |
Abstract: | The study investigates the role of the analysts' earnings forecasts (hereafter as: a-e-fs.) in explaining returns (here as: rets.) in Sweden where the analyst profession has considerably developed during the last two decades. There is the question raised of how well the Swedish a-e-fs. perform if compared to reported accounting earnings in explaining rets. A-e-fs. and changes in them are found to be important in explaining rets. |
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