An Evaluation of Security Analysts' Earnings Forecasts
Author: Y. H. Lui
Publisher:
Published: 1992
Total Pages: 32
ISBN-13:
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Author: Y. H. Lui
Publisher:
Published: 1992
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor: Tanja Klettke
Publisher: Springer Science & Business
Published: 2014-04-28
Total Pages: 120
ISBN-13: 3658056347
DOWNLOAD EBOOKFinancial analysts provide information in their research reports and thereby help forming expectations of a firm’s future business performance. Thus, it is essential to recognize analysts who provide the most precise forecasts and the accounting literature identifies characteristics that help finding the most accurate analysts. Tanja Klettke detects new relationships and identifies two new determinants of earnings forecast accuracy. These new determinants are an analyst’s “general forecast effort” and the “number of supplementary forecasts”. Within two comprehensive empirical investigations she proves these measures’ power to explain accuracy differences. Tanja Klettke’s research helps investors and researchers to identify more accurate earnings forecasts.
Author: Paul A. Griffin
Publisher:
Published: 1987
Total Pages: 316
ISBN-13:
DOWNLOAD EBOOKAuthor: Aswath Damodaran
Publisher: John Wiley & Sons
Published: 2016-02-08
Total Pages: 698
ISBN-13: 0470049375
DOWNLOAD EBOOK"Aswath Damodaran is simply the best valuation teacher around. If you are interested in the theory or practice of valuation, you should have Damodaran on Valuation on your bookshelf. You can bet that I do." -- Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management and author of More Than You Know: Finding Financial Wisdom in Unconventional Places In order to be a successful CEO, corporate strategist, or analyst, understanding the valuation process is a necessity. The second edition of Damodaran on Valuation stands out as the most reliable book for answering many of today?s critical valuation questions. Completely revised and updated, this edition is the ideal book on valuation for CEOs and corporate strategists. You'll gain an understanding of the vitality of today?s valuation models and develop the acumen needed for the most complex and subtle valuation scenarios you will face.
Author: Sebastian Gell
Publisher: Springer Science & Business Media
Published: 2012-03-26
Total Pages: 144
ISBN-13: 3834939374
DOWNLOAD EBOOKEarnings 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. More specifically, the thesis answers the following questions: 1) How do analyst incentives lead to forecast errors? 2) How do changes in analyst incentives lead to forecast revisions?, and 3) What factors drive differences in forecast accuracy?
Author: Hakan Saraoglu
Publisher:
Published: 1996
Total Pages: 318
ISBN-13:
DOWNLOAD EBOOKAuthor: Xiaolong Li
Publisher: Springer Nature
Published:
Total Pages: 2095
ISBN-13: 9819705231
DOWNLOAD EBOOKAuthor: Joshua Ronen
Publisher: Springer Science & Business Media
Published: 2008-08-06
Total Pages: 587
ISBN-13: 0387257713
DOWNLOAD EBOOKThis book is a study of earnings management, aimed at scholars and professionals in accounting, finance, economics, and law. The authors address research questions including: Why are earnings so important that firms feel compelled to manipulate them? What set of circumstances will induce earnings management? How will the interaction among management, boards of directors, investors, employees, suppliers, customers and regulators affect earnings management? How to design empirical research addressing earnings management? What are the limitations and strengths of current empirical models?
Author: Aswath Damodaran
Publisher: John Wiley & Sons
Published: 2012-04-17
Total Pages: 999
ISBN-13: 1118130731
DOWNLOAD EBOOKThe definitive source of information on all topics related to investment valuation tools and techniques Valuation is at the heart of any investment decision, whether that decision is buy, sell or hold. But the pricing of many assets has become a more complex task in modern markets, especially after the recent financial crisis. In order to be successful at this endeavor, you must have a firm understanding of the proper valuation techniques. One valuation book stands out as withstanding the test of time among students of financial markets and investors, Aswath Damodaran'sInvestment Valuation. Now completely revised and updated to reflect changing market conditions, this third edition comprehensively introduces students and investment professionals to the range of valuation models available and how to chose the right model for any given asset valuation scenario. This edition includes valuation techniques for a whole host of real options, start-up firms, unconventional assets, distressed companies and private equity, and real estate. All examples have been updated and new material has been added. An expansion of ancillaries include updated online databases, spreadsheets, and other educational support tools Fully revised to incorporate valuation lessons learned from the last five years, from the market crisis and emerging markets to new types of equity investments Revised examples of company valuations such as companies from Eastern Europe and Africa, which stress the global nature of modern valuation Author Aswath Damodaran is regarded as one of the best educators and thinkers on the topic of investment valuation This indispensable guide is a must read for students wishing to gain a better understanding of investment valuation and its methods. With it, you can take the insights and advice of a recognized authority on the valuation process and immediately put them to work for you.
Author: Dennis C. Mueller
Publisher: Cambridge University Press
Published: 1986-04-03
Total Pages: 392
ISBN-13: 0521306930
DOWNLOAD EBOOKDiscovers that there are persistent differences in market power among large U. S. companies by analyzing data for the 1000 largest manufacturing firms in 1950 and 1972. Considers the influence of risk, sales, diversification, growth and managerial control on long run profitability.