Search Results - subject:"analysts' forecasts"

Using futures prices and analysts' forecasts to estimate agricultural commodity risk premiums

Cortazar, Gonzalo; Ortega, Hector; Pérez, José Antonio - In: Risks : open access journal 13 (2025) 1, pp. 1-21

Kalman filter and maximum likelihood, with data from futures markets and analysts' forecasts. Risk premiums are computed by …

Persistent link: https://www.econbiz.de/10015331232

Workplace sustainability or financial resilience? : composite-financial resilience index

Daadmehr, Elham - In: Risk management : an international journal 26 (2024) 2, pp. 1-35

Persistent link: https://www.econbiz.de/10014507647

ETF Activities and Analysts’ Forecasts

Kothari, S. P.; Li, Jing; Li, Xu; Sheng, Mei - 2023

We document an improvement in analysts’ forecast accuracy following increased sector ETF ownership. We identify a possible channel for this result, i.e., because ETFs are more informative with respect to industry-level information, analysts learn directly and efficiently from ETFs about this...

Persistent link: https://www.econbiz.de/10014351350

Executive equity incentives and opportunistic manager behavior : new evidence from a quasi-natural experiment

Nienhaus, Martin - In: Review of accounting studies 27 (2022) 4, pp. 1276-1318

Persistent link: https://www.econbiz.de/10013457503

Executive equity incentives and opportunistic manager behavior: new evidence from a quasi-natural experiment

Nienhaus, Martin - In: Review of Accounting Studies 27 (2021) 4, pp. 1276-1318

This study provides plausible causal evidence on the effect of executive equity incentives on opportunistic manager behavior. I exploit a unique setting created by the introduction of Financial Accounting Standard (FAS) 123R in 2005, which led to an exogenous increase in the cost of option pay,...

Persistent link: https://www.econbiz.de/10014502074

Earnings forecasts: the case for combining analysts’ estimates with a cross-sectional model

Azevedo, Vitor; Bielstein, Patrick; Gerhart, Manuel - In: Review of Quantitative Finance and Accounting 56 (2020) 2, pp. 545-579

We propose a novel method to forecast corporate earnings, which combines the accuracy of analysts’ forecasts with the … unbiasedness of a cross-sectional model. We build on recent insights from the earnings forecasts literature to improve analysts …’ forecasts in two ways: reducing their sluggishness with respect to information in recent stock price movements and improving …

Persistent link: https://www.econbiz.de/10014504005

Does big data improve financial forecasting? : the horizon effect

Dessaint, Olivier; Foucault, Thierry; Frésard, Laurent - 2020

less so. We confirm this prediction empirically for sell-side equity analysts' forecasts using a new measure of forecast …

Persistent link: https://www.econbiz.de/10012392738

The role of earnings forecasts in asset pricing models and estimates of the cost of capital

Gonçalves de Azevedo, Vitor - 2018

Persistent link: https://www.econbiz.de/10012198335

Mandatory adoption of IFRS by EU listed firms and Comparability: Determinants and Analysts' Forecasts

Andre, Paul; Dionysiou, D.D.; Tsalavoutas, Ioannis - HAL - 2012

comparable accruals facilitate lower analysts' forecast dispersion. Finally, we find that analysts' forecasts errors declining as …

Persistent link: https://www.econbiz.de/10010736424

Voluntary financial disclosure, the introduction of IFRS and long-term communication policy: An empirical test on French firms

Bruslerie, Hubert De La; Gabteni, Heger - HAL - 2010

The purpose of this study is to determine if the process of filtering out financial information voluntary disclosed by firms was modified by the introduction of the IFRS. Voluntary information disclosed by French firms during the 2003-2008 period is compiled. This original dataset includes...

Persistent link: https://www.econbiz.de/10009650749