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Do analysts pay attention to managerial sentiment? Evidence from analysts' following decisions and earnings forecasts

We examine the impact of managerial sentiment on analysts' following decisions and earnings forecast accuracy. By analyzing the textual tone of management discussion and analysis sections in annual reports to capture managerial sentiment, we find that when managerial sentiment is more positive, firm...

תיאור מלא

שמור ב:
מידע ביבליוגרפי
Principais autores: Yongliang Zeng, Kam C. Chan, Yunzhu Chen, Lingjie Li
פורמט: Artigo
שפה:Inglês
יצא לאור: Elsevier 2023-03-01
סדרה:Borsa Istanbul Review
נושאים:
גישה מקוונת:http://www.sciencedirect.com/science/article/pii/S2214845022000928
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