Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089696 | Journal of Banking & Finance | 2012 | 12 Pages |
Abstract
⺠We examine how strategic interaction affects analyst earnings forecast revisions. ⺠We use a sample of new product announcements. ⺠Announcers in low-concentration industries receive more favorable revisions. ⺠Revisions for rivals depend on industry concentration and announcement effect.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Sheng-Syan Chen, Po-Jung Chen, Wen-Chun Lin,