Brokerage M&As and the peer effect on analyst forecast accuracy

2021 ◽  
Vol 73 ◽  
pp. 101650
Author(s):  
Lan Thi Mai Nguyen ◽  
Chee Seng Cheong ◽  
Ralf Zurbruegg
2018 ◽  
Vol 32 (3) ◽  
pp. 49-70 ◽  
Author(s):  
Feiqi Huang ◽  
He Li ◽  
Tawei Wang

SYNOPSISPrior literature has firmly established the relationship between IT capability and firm performance. In this paper, we extend the research in this field and investigate (1) whether IT capability contributes to management forecast accuracy, and (2) whether IT capability improves the informativeness of management forecasts and enhances the extent to which analysts incorporate management forecasts in their revisions. Using firms listed on InformationWeek 500 as our high IT capability group, we empirically demonstrate that firms with high IT capability are able to increase management forecast accuracy, and that analysts incorporate more information from management forecasts in their revisions if the firm has high IT capability.


2016 ◽  
Vol 24 (6) ◽  
pp. 427-432
Author(s):  
Bing-Xuan Lin ◽  
Chen-Miao Lin

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