search query: @indexterm STATISTICAL METHODS / total: 745
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| Author: | Higgins, H. N. |
| Title: | Analyst forecasting performance in seven countries |
| Journal: | Financial Analysts' Journal
1998 : MAY/JUN, VOL. 54:3, p. 58-62 |
| Index terms: | Earnings Forecasting Finance Statistical methods USA Europe Japan |
| Language: | eng |
| Abstract: | Through an examination of more than 11,000 firms in the U.S., Japan, and various European markets in the 1991-1995 period, a study shows an association btw. the level of firms' disclosures and analysts' ability to forecast earnings per share. The findings are consistent with the notion that analysts forecast earnings with more accuracy and less optimistic bias for firms in countries that mandate relatively more disclosure than they do for firms in countries with less stringent mandates. |
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