Browsing College of Business - Business Administration by Title
Now showing items 34-34 of 34
-
What Drives Firm-level Consensus Growth Forecasts? Cash Flow News Or Expected Return News?
(Business Administration, 2007-09-17)Recent findings in the finance literature document that analysts adjust their growth forecasts in response to major news, proxied by large changes in company stock price. However, Campbell and Shiller (1988) argue that ...