Does the equity market reward "superior" management earnings forecast? Evidence from the U.S. quarterly earnings guidance / Tina Wang
This paper examines whether equity markets reward the controversial practice of issuing short-term management earnings forecasts. Using a large sample of quarterly earnings forecasts, this research found that firms may temporarily reduce stock price volatility by issuing quarterly earnings forecasts...
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Universiti Teknologi MARA,
2021-12.
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