Liang, Shangkun; Cui, Huaigu; Yuan, Chun - In: China journal of accounting research : CJAR 15 (2022) 3, pp. 1-29
As stock index adjustments comprise a basic system of capital market, their potential influence on analysts' earnings … and the backup stocks announced during the same period, this study examines the impact of additions to stock index on … added to the stock index, analysts' earnings forecast optimism about these stocks increases significantly. Cross …