Determinants of Earnings Forecast Error, Earnings Forecast Revision and Earnings Forecast Accuracy

  • Sebastian Gell
Part of the Quantitatives Controlling book series (QC)

Table of contents

  1. Front Matter
    Pages I-XXIV
  2. Sebastian Gell
    Pages 1-8
  3. Sebastian Gell
    Pages 9-20
  4. Sebastian Gell
    Pages 21-70
  5. Sebastian Gell
    Pages 109-111
  6. Back Matter
    Pages 113-125

About this book

Introduction

Earnings forecasts are ubiquitous in today’s financial markets. They are essential indicators of future firm performance and a starting point for firm valuation. Extremely inaccurate and overoptimistic forecasts during the most recent financial crisis have raised serious doubts regarding the reliability of such forecasts. This thesis therefore investigates new determinants of forecast errors and accuracy. In addition, new determinants of forecast revisions are examined. Sebastian Gell gives answer to the following questions: How do analyst incentives lead to forecast errors? How do changes in analyst incentives lead to forecast revisions?  And what factors drive differences in forecast accuracy?

Keywords

Determinants of forecast accuracy Determinants of forecast error Determinants of forecast revision Forecast Environment

Authors and affiliations

  • Sebastian Gell
    • 1
  1. 1.CologneGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-8349-3937-1
  • Copyright Information Springer Gabler | Springer Fachmedien Wiesbaden 2012
  • Publisher Name Gabler Verlag
  • eBook Packages Business and Economics
  • Print ISBN 978-3-8349-3936-4
  • Online ISBN 978-3-8349-3937-1