Browsing by Subject "Analyst forecasts"
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(Wiley https://dx.doi.org/10.1111/j.1468-0416.2010.00157.x, 2010-07-02)MCKNIGHT, P.J., TAVAKOLI, M. and WEIR, C. 2010. Underwriting relationships and analyst independence in Europe. Financial markets: institutions and instruments [online], 19(3), pages 189-213. Available from: https://dx.doi.org/10.1111/j.1468-0416.2010.00157.xThis paper examines the accuracy of security analysts? earnings forecasts and stock recommendations for firms in 13 European countries. We document at least three key findings. First, we find strong evidence that lead and ...