Analysts' forecasts: Why are they biased?

Document Type

Article

Publication Date

3-1-2007

Abstract

The stock market is driven by analysts' forecasts. Investors rely on them. But research has shown that analysts' forecasts are biased. What causes this? And what kinds of stocks are most affected? © 2007 Wiley Periodicals, Inc.

Identifier

84906690984 (Scopus)

Publication Title

Journal of Corporate Accounting and Finance

External Full Text Location

https://doi.org/10.1002/jcaf.20294

e-ISSN

10970053

ISSN

10448136

First Page

75

Last Page

81

Issue

3

Volume

18

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