Wu, Liang; Long, Yunshen; Li, Wenyue; Wu, Bingyan - In: Journal of Business Economics and Management (JBEM) 24 (2023) 1, pp. 37-53
Two ex-ante variables are introduced to characterize the analysts' biased behavior, namely the analysts' disagreement … and self-selection in analysts' earnings forecasts. The study investigates the impact of the analysts' disagreement and … variables. There are two channels through which the stocks are priced according to the analysts' disagreement. The first one is …
