ELLIOTT, W. BROOKE; KRISCHE, SUSAN D.; PEECHER, MARK E. - In: Journal of Accounting Research 48 (2010) 2, pp. 343-381
<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading> We examine how accounting transparency and investor base jointly affect financial analysts' expectations of mispricing (i.e., expectations of stock price deviations from fundamental value). Within a range of transparency, these two factors interactively amplify analysts' expectations...
