Confident and optimistic forward-looking statements and the moderating influence of quantitative earnings forecasts
In this paper, I examine the impact of confident-plus-optimistic qualitative forward-looking statements on investors’ judgments. I find that investors’ valuation judgments are less favorable when investors see a confident-plus-optimistic qualitative forward-looking statement in the earnings press re...
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| Format: | Thesis |
| Language: | English |
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Nanyang Technological University
2018
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| Online Access: | http://hdl.handle.net/10356/73868 |