Do Japanese Analysts Overreact or Underreact to Earnings Announcements?

Several recent studies have used US, analysts' forecasts to test for underreaction or overreaction to information in earnings announcements. These tests have provided mixed results. Evidence in Mendenhall (1991) is that analysts underreact. By contrast, results in De Bondt and Thaler (1990) show ove...

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Detalles Bibliográficos

Publicado en:	Abacus Vol. 32; no. 1; pp. 81 - 102
Autores principales:	Mande, Vevek, Kwak, Wikil
Formato:	Artículo
Publicado:	Wiley-Blackwell Mar1996
Materias:	Accounting standards Corporate profits Corporate finance Financial statements Earnings forecasting Japanese people Japan United States
Acceso en línea:	Ver este registro en EBSCOhost