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Gell, Sebastian.

Determinants of Earnings Forecast Error, Earnings Forecast Revision and Earnings Forecast Accuracy [electronic resource] / by Sebastian Gell. - XXIV, 125p. 7 illus. online resource. - Quantitatives Controlling .

Financial analysts -- Earnings forecast error -- Earnings forecast accuracy -- Earnings forecast revision -- Conservatism -- Forecast effort.

Earnings forecasts are ubiquitous in today’s financial markets. They are essential indicators of future firm performance and a starting point for firm valuation. Extremely inaccurate and overoptimistic forecasts during the most recent financial crisis have raised serious doubts regarding the reliability of such forecasts. This thesis therefore investigates new determinants of forecast errors and accuracy. In addition, new determinants of forecast revisions are examined. Sebastian Gell gives answer to the following questions: How do analyst incentives lead to forecast errors? How do changes in analyst incentives lead to forecast revisions?  And what factors drive differences in forecast accuracy?

9783834939371


Economics.
Economics/Management Science.
Finance/Investment/Banking.

HG1-9999 HG4501-6051 HG1501-HG3550

657.8333 658.152

Languages: 
English |