Overconfidence bias, over/under-reaction of financial analysts on the Tunisian stock market, and their impact on the earnings forecasts

This paper aims to investigate the effect of financial analysts' recommendations on the overconfidence and over or under-reaction to previous years' earnings, as well as their impact on investment decisions in the Tunisian stock market. Literature mostly turned out that a positive bias in...

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Bibliographic Details
Main Authors: Ahmed Bouteska, Boutheina Regaieg
Format: Article
Language:English
Published: EconJournals 2017-04-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/3786