Bozzolan, Saverio; Trombetta, Marco; Beretta, Sergio - In: European Accounting Review 18 (2009) 3, pp. 435-473
Forward-looking disclosures are a crucial source of information when valuing a company. We study the effect of forward-looking disclosures on analysts' forecast properties, in particular accuracy and dispersion. Our sample includes all the non-financial firms from Italy, Germany, France and...