Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/67425
Full metadata record
DC FieldValueLanguage
dc.contributor.authorCheong, C.-
dc.contributor.authorMasum, M.-
dc.contributor.authorZurbrugg, R.-
dc.date.issued2009-
dc.identifier.citationProceedings of AFAANZ, 2009: pp.1-27-
dc.identifier.issn1834-2000-
dc.identifier.urihttp://hdl.handle.net/2440/67425-
dc.description.abstractWe examine whether financial analysts‟ forecast accuracy differs between the pre- and post- adoption of Australian Equivalents to International Financial Reporting Standards (AIFRS). We find that forecast accuracy has improved after Australia adopted AIFRS implying that it has aided analysts in their market valuation of firms. As a secondary objective, this paper also investigates the role of financial analysts in reducing information asymmetry in the Australian capital market. We find evidence that the information effect of more analysts following a stock helps to improve forecast accuracy by bringing more firm-specific information to the market.-
dc.description.statementofresponsibilityChee Seng Cheong, Mahmud Masum and Ralf Zurbruegg-
dc.language.isoen-
dc.publisherAFAANZ-
dc.rightsCopyright ©2002-2008 Zakon Group LLC-
dc.source.urihttp://www.afaanz.org/openconf/2009/modules/request.php?module=oc_proceedings&action=proceedings.php&a=Accept+as+Paper-
dc.subjectAnalysts’ Forecasts-
dc.subjectAIFRS-
dc.subjectInformation Asymmetry-
dc.titleFinancial analysts' forecast accuracy before and after AIFRS-
dc.typeConference paper-
dc.contributor.conferenceAFAANZ Conference (2009 : Adelaide, Australia)-
dc.publisher.placeonline-
pubs.publication-statusPublished-
dc.identifier.orcidCheong, C. [0000-0001-8120-0167]-
dc.identifier.orcidMasum, M. [0000-0002-9922-8173]-
dc.identifier.orcidZurbrugg, R. [0000-0002-8652-0028]-
Appears in Collections:Aurora harvest 5
Business School publications

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.