Analysts' forecasts: Why are they biased?

Leonardo Becchetti; Iftekhar Hasan; Marika Santoro; Asokan Anandarajan

doi:10.1002/jcaf.20294

Analysts' forecasts: Why are they biased?

Leonardo Becchetti, Iftekhar Hasan, Marika Santoro, Asokan Anandarajan

MT School of Management

Research output: Contribution to journal › Article › peer-review

3 Scopus citations

Abstract

The stock market is driven by analysts' forecasts. Investors rely on them. But research has shown that analysts' forecasts are biased. What causes this? And what kinds of stocks are most affected?

Original language	English (US)
Pages (from-to)	75-81
Number of pages	7
Journal	Journal of Corporate Accounting and Finance
Volume	18
Issue number	3
DOIs	https://doi.org/10.1002/jcaf.20294
State	Published - Mar 1 2007

All Science Journal Classification (ASJC) codes

Accounting
Economics, Econometrics and Finance(all)

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10.1002/jcaf.20294

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title = "Analysts' forecasts: Why are they biased?",

abstract = "The stock market is driven by analysts' forecasts. Investors rely on them. But research has shown that analysts' forecasts are biased. What causes this? And what kinds of stocks are most affected?",

author = "Leonardo Becchetti and Iftekhar Hasan and Marika Santoro and Asokan Anandarajan",

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AU - Santoro, Marika

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Analysts' forecasts: Why are they biased?

Abstract

All Science Journal Classification (ASJC) codes

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