Analysts’ disagreement, self-selection, and stock returns
Two ex-ante variables are introduced to characterize the analysts’ biased behavior, namely the analysts’ disagreement and self-selection in analysts’ earnings forecasts. The study investigates the impact of the analysts’ disagreement and self-selection on the stock returns. A theoretical analysis d...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2023-02-01
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Series: | Journal of Business Economics and Management |
Subjects: | |
Online Access: | https://journals.vilniustech.lt/index.php/JBEM/article/view/17832 |