Earnings forecasts errors in Malaysian IPO prospectuses: Evidence and explanations
This paper seeks to answer the questions concerning the current level of bias and accuracy associated with the IPO earnings forecasts and the explanations behind forecasts errors.Using 190 Malaysian IPOs, we found that the Malaysian IPO earnings forecasts during the period of study (2002-2012) were...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Canadian Center of Science and Education
2014
|
Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/18723/1/ASS%2011%203%202015%2068-77.pdf |