Analysts' forecasts: Why are they biased?

Leonardo Becchetti, Iftekhar Hasan, Marika Santoro, Asokan Anandarajan

Research output: Contribution to journalArticlepeer-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.

Original languageEnglish (US)
Pages (from-to)75-81
Number of pages7
JournalJournal of Corporate Accounting and Finance
Volume18
Issue number3
DOIs
StatePublished - Mar 1 2007

All Science Journal Classification (ASJC) codes

  • Accounting
  • General Economics, Econometrics and Finance

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