This article examines the effect of financial analysts’ knowledge structure on their forecast performance based on manually collected data of 1590 sell-side financial analysts’ education background. The longer the period of higher education in one major, the profounder the knowledge in a...

In recent years, the amount of goodwill has been increased dramatically and become one of the difficult problems in academic and accounting practice. This paper focuses on the impact of goodwill on analysts’ forecasts. It is found that goodwill can increase the optimism and decrease the...