of International Financial Reporting Standards (IFRS) has had an effect on financial analysts' earnings forecasts and …

forecast characteristics for analyst forecast accuracy. Following the enactment of these regulations, more experienced analysts … and All-Star analysts do not maintain their superior forecast accuracy, and analysts employed by large brokerage houses … industries and firms followed, days elapsed since the last forecast, and forecast horizon. While the importance of bold upward …

investment banking business. Although analysts sacrifice their forecast accuracy by overweighting management guidance, they …

investment banking business. Although analysts sacrifice their forecast accuracy by overweighting management guidance, they …

the level of annual report disclosure; and between forecast accuracy and the degree of enforcement of accounting standards …. I document that firm-level disclosures are positively related to forecast accuracy, suggesting that such disclosures … associated with higher forecast accuracy. This finding is consistent with the hypothesis that enforcement encourages managers to …

In this study, we analyze the forecast accuracy and profitability of buy recommendations published in five major German … financial magazines for private households based on fundamental analysis. The results show a high average forecast accuracy but … with a very high standard deviation, which indicates poor forecast accuracy with regard to individual stocks. The …

This paper studies the impact of local religiosity on analyst forecast accuracy. Using the level of religious adherence … analyst forecast accuracy: religion can make a good thing better. Specifically, we find that local religiosity has a more … forecast revisions for firms in more religious areas have higher information content. Overall, our study shows that religiosity …

earnings. As analysts can save time and costs when disclosure quality is higher, their earnings forecast error and optimism … SZSE, and find that higher disclosure quality improves analysts' forecast accuracy, alleviates forecast optimism, and … reduces forecast dispersion …

how they plan to achieve their bottom-line earnings targets. We assess the effect of this forecast disaggregation on the …. First, disaggregation plays a more important role when earnings are otherwise more difficult to forecast. Second …

(earnings) forecasts. Finally, we show that bond investors' reaction to bond analysts' cash flow forecast revision is greater … than that to bond analysts' earnings forecast and that bond market reacts only to bond analysts' forecast revisions but not … to equity analysts' forecast revisions. This manifests bond investors' stronger demand for reliable information on future …