The effects of country return and risk differences on predication performance of earnings forecasts
Ahmed Riahi‐Belkaoui
(Department of Accounting, University of Illinois at Chicago)
Dimitra Koula Alvertos
(Department of Accounting, University of Illinois at Chicago)
714
Abstract
Summarizes previous research on financial analysts’ forecasts and the segmentation of international finance markets. Hypothesizes that the accuracy of earnings forecasts in a country is negatively related to the country return, and positively to the country risk. Uses 1992‐94 data from 12 countries to test this, supports the hypothesis and calls for further research.
Keywords
Citation
Riahi‐Belkaoui, A. and Koula Alvertos, D. (1998), "The effects of country return and risk differences on predication performance of earnings forecasts", Managerial Finance, Vol. 24 No. 6, pp. 3-9. https://doi.org/10.1108/03074359810765543
Publisher
:MCB UP Ltd
Copyright © 1998, MCB UP Limited