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Financial Analysts' Forecast Accuracy and Dispersion: High-Tech versus Low-Tech Stocks
16 references·14 citing·40 second hop
Financial Analysts' Forecast Accuracy and Dispersion: High-Tech versus Low-Tech Stocks (2002)Financial Analysts' Forecast Accuracy and…Have Financial Statements Lost Their Relevance? (1999)Have Financial Statements Los…Value-relevance of nonfinancial information: The wireless communications industry (1996)Value-relevance of nonfinanci…THE RELATION BETWEEN ACCOUNTING GOODWILL NUMBERS AND EQUITY VALUES (1996)THE RELATION BETWEEN ACCOUNTI…Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Valuation and Clean Surplus A…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…The Effect of Ex Ante Earnings Uncertainty on Earnings Response Coefficients. (1992)The Effect of Ex Ante Earning…Evidence on the Possible Underweighting of Earnings-Related Information (1991)Evidence on the Possible Unde…The Effect of Sequential Information Releases on the Variance of Price Changes in an Intertemporal Multi-Asset Market (1988)The Effect of Sequential Info…Security analyst superiority relative to univariate time-series models in forecasting quarterly earnings (1987)Security analyst superiority …Firm size and the information content of prices with respect to earnings (1987)Firm size and the information…An Information Interpretation of Financial Analyst Superiority in Forecasting Earnings (1987)An Information Interpretation…Aggregating Subjective Forecasts: Some Empirical Results (1985)Aggregating Subjective Foreca…The Combination of Forecasts (1983)The Combination of ForecastsTHE SUPERIORITY OF ANALYST FORECASTS AS MEASURES OF EXPECTATIONS: EVIDENCE FROM EARNINGS (1978)THE SUPERIORITY OF ANALYST FO…A MEAN‐VARIANCE SYNTHESIS OF CORPORATE FINANCIAL THEORY (1973)A MEAN‐VARIANCE SYNTHESIS OF …The Combination of Forecasts (1969)The Combination of ForecastsInterfirm Ties Between Ventures and Limited Partners of Venture Capital Funds: Performance Effects in Financial Markets (2020)Interfirm Ties Between Ventur…Changes in Internal Control Disclosure and Analyst Forecasts Around Mandatory Disclosure Required by the China SOX (2019)Changes in Internal Control D…The effect of restatements on analyst behavior (2017)The effect of restatements on…Optimism bias in financial analysts' earnings forecasts: Do commissions sharing agreements reduce conflicts of interest? (2017)Optimism bias in financial an…The effects of firms’ information environment on analysts’ herding behavior (2016)The effects of firms’ informa…A comparison of earnings persistence in high-tech and non-high-tech firms (2013)A comparison of earnings pers…Does Regulation Fair Disclosure affect analysts’ forecast performance? The case of restructuring firms (2011)Does Regulation Fair Disclosu…The impact of IFRS on financial analysts' forecast accuracy in the Asia‐Pacific region (2010)The impact of IFRS on financi…The impact of disclosure reform on the NZX's financial information environment (2009)The impact of disclosure refo…Do analysts overreact to extreme good news in earnings? 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References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1969The Combination of Forecasts3,194 cited
  • 1995Valuation and Clean Surplus Accounting for Operating and Financial Activities*2,224 cited
  • 1999Have Financial Statements Lost Their Relevance?1,917 cited
  • 1996Value-relevance of nonfinancial information: The wireless communications industry1,303 cited
  • 1973A MEAN‐VARIANCE SYNTHESIS OF CORPORATE FINANCIAL THEORY538 cited
  • 1987Security analyst superiority relative to univariate time-series models in forecasting quarterly earnings502 cited
  • 1978THE SUPERIORITY OF ANALYST FORECASTS AS MEASURES OF EXPECTATIONS: EVIDENCE FROM EARNINGS485 cited
  • 1987Firm size and the information content of prices with respect to earnings453 cited
  • 1983The Combination of Forecasts385 cited
  • 1988The Effect of Sequential Information Releases on the Variance of Price Changes in an Intertemporal Multi-Asset Market376 cited
  • 1991Evidence on the Possible Underweighting of Earnings-Related Information342 cited
  • 1987An Information Interpretation of Financial Analyst Superiority in Forecasting Earnings317 cited
  • 1992The Effect of Ex Ante Earnings Uncertainty on Earnings Response Coefficients.247 cited
  • 1996

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THE RELATION BETWEEN ACCOUNTING GOODWILL NUMBERS AND EQUITY VALUES
226 cited
  • 1985Aggregating Subjective Forecasts: Some Empirical Results156 cited
  • Cited by

    • 2006The effect of differential accounting conservatism on the “over-valuation” of high-tech firms relative to low-tech firms54 cited
    • 2006Executive Compensation, Investment Opportunities, and Earnings Management: High-Tech Firms versus Low-Tech Firms47 cited
    • 2006The Impact of Nondisclosure of Geographic Segment Earnings on Earnings Predictability45 cited
    • 2010The impact of IFRS on financial analysts' forecast accuracy in the Asia‐Pacific region39 cited
    • 2016The effects of firms’ information environment on analysts’ herding behavior31 cited
    • 2007Do analysts overreact to extreme good news in earnings?31 cited
    • 2006On the Quality of FFO Forecasts26 cited
    • 2019Changes in Internal Control Disclosure and Analyst Forecasts Around Mandatory Disclosure Required by the China SOX23 cited
    • 2020Interfirm Ties Between Ventures and Limited Partners of Venture Capital Funds: Performance Effects in Financial Markets21 cited
    • 2011Does Regulation Fair Disclosure affect analysts’ forecast performance? The case of restructuring firms21 cited
    • 2013A comparison of earnings persistence in high-tech and non-high-tech firms19 cited
    • 2009The impact of disclosure reform on the NZX's financial information environment18 cited
    • 2017Optimism bias in financial analysts' earnings forecasts: Do commissions sharing agreements reduce conflicts of interest?17 cited
    • 2017The effect of restatements on analyst behavior16 cited