What question did this study set out to answer?

The aim is to explore the role of analysts' earnings forecasts and their decision-making processes within capital markets.

Analysts' Forecasts.

View Full Paper

Ask AI

Bookmark

Authors

Reviews the properties of earnings forecasts in capital markets and their influence on decision processes in finance.

The aim is to explore the role of analysts' earnings forecasts and their decision-making processes within capital markets.
Review of studies on financial analysts' earnings forecasts.
Analysis of decision strategies related to analysts' judgments.
Examination of empirical research on earnings-price relations.
Analysts' forecasts significantly influence capital market decisions.
The decision-making strategies of analysts relate closely to their forecasting accuracy.
Earnings-price relations are impacted by the reliability of analysts' forecasts.

Katherine Schipper (1991) studied this question.

View Full Paper

Ask AI

Bookmark