The Influence of Cognitive Biases and Financial Factors on Forecast Accuracy of Analysts

The objective of this study was to jointly analyze the importance of cognitive and financial factors in the accuracy of profit forecasting by analysts. Data from publicly traded Brazilian companies in 2019 were obtained. We used text analysis to assess the cognitive biases from the qualitative repor...

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Bibliographic Details
Main Authors: Paula Carolina Ciampaglia Nardi, Evandro Marcos Saidel Ribeiro, José Lino Oliveira Bueno, Ishani Aggarwal
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-01-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2021.773894/full