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Analysts' Forecasts Following Forced CEO Changes.

This paper examines analysts' earnings forecasts during the period of uncertainty following a change of chief executive officer ( CEO). It distinguishes between forced and non-forced CEO changes, and examines whether analysts utilize their information advantage to reduce the heightened uncertainty o...

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Published in:Abacus Vol. 50; no. 2; pp. 146 - 174
Main Authors: Choi, Ka Wai, Chen, Xiaomeng, Wright, Sue, Wu, Hai
Format: Article
Published: Wiley-Blackwell Jun2014
Subjects:
Earnings forecasting
Uncertainty
Chief executive officers
Executive succession
Business enterprises
Australia
Online Access:View this record in EBSCOhost