search query: @indexterm Experience / total: 231
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| Author: | Clement, M. B. Koonce, L. Lopez, T. J. |
| Title: | The roles of task-specific forecasting experience and innate ability in understanding analyst forecasting performance |
| Journal: | Journal of Accounting & Economics
2007 : DEC, VOL. 44:3 p. 378-398 |
| Index terms: | financial analysis forecasting learning performance appraisal experience |
| Language: | eng |
| Abstract: | The study focuses on investigating if analysts learn from their experiences and what analyst experience measures. It argues that measures of experience need to be expanded to include task-specific experience instead of only general and firm-specific experiences. The empirical tests are derived from the conceptual model. Results revealed that analysts' forecast accuracy is associated with both their innate ability and task-specific experience. In addition, forecast accuracy and task-specific experience seemed to be most highly correlated for those analysts who survived the longest and, thus, presumably had the greatest innate abilities. |
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