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| Tekijä: | Hong, H. Kubik, J.D. |
| Otsikko: | Analyzing the analysts: career concerns and biased earnings forecasts |
| Lehti: | Journal of Finance
2003 : FEB, VOL. 58:1, p. 313-351 |
| Asiasana: | Careers Earnings Forecasting |
| Vapaa asiasana: | Analysts |
| Kieli: | eng |
| Tiivistelmä: | Security analysts' career concerns are examined by relating their earnings forecasts to job separations. Relatively accurate forecasters are more likely to experience favorable career outcomes like moving up to a higher-status brokerage house. Controlling for accuracy, analysts who are optimistic relative to the consensus are also more likely to experience favorable job separations. |
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