Cheng et al., 2000 - Google Patents
An empirical analysis of the bias and rationality of profit forecasts published in new issue prospectusesCheng et al., 2000
- Document ID
- 4501551545667059020
- Author
- Cheng T
- Firth M
- Publication year
- Publication venue
- Journal of Business Finance & Accounting
External Links
Snippet
Our study sets out to assess the accuracy of profit forecasts made by IPOs in Hong Kong. We use a variety of measures and tests to examine the accuracy, bias, rationality, and superiority of earnings estimates. The results show that forecast accuracy compares …
- 238000004458 analytical method 0 title description 2
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