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Accounting information vs. analysts forecasts in market’s expectations formation
Date de parution
2018
Résumé
We find that the expectations about future earnings incorporated
in prices are mainly informed by the analysts earnings forecasts. Neither the
stock nor the flow accounting items considered do not contribute significantly
to shaping investors price setting expectations.
in prices are mainly informed by the analysts earnings forecasts. Neither the
stock nor the flow accounting items considered do not contribute significantly
to shaping investors price setting expectations.
Identifiants
Type de publication
working paper
Dossier(s) à télécharger
