haku: @author Lopez, T. J. / yhteensä: 4
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| Tekijä: | Clement, M. B. Koonce, L. Lopez, T. J. |
| Otsikko: | The roles of task-specific forecasting experience and innate ability in understanding analyst forecasting performance |
| Lehti: | Journal of Accounting & Economics
2007 : DEC, VOL. 44:3 p. 378-398 |
| Asiasana: | financial analysis forecasting learning performance appraisal experience |
| Kieli: | eng |
| Tiivistelmä: | 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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