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...

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Bibliographic Details
Main Authors: Liang Wu, Yunshen Long, Wenyue Li, Bingyan Wu
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2023-02-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vilniustech.lt/index.php/JBEM/article/view/17832