Edward B. Douthett, Jr.; Jung, Kooyul; Kwak, Wikil - In: Review of Quantitative Finance and Accounting 23 (2004) 2, pp. 79-98
This study examines differences in the characteristics of analysts' forecasts of earnings for keiretsu and non-keiretsu firms in Japan. Japanese industrial organization is characterized by enterprise groupings, keiretsu, composed of firms in different industries, but interrelated through...