文章基本信息

标题：Adoption of IFRS and the Properties of Analysts’ Forecasts: The Brazilian Case
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作者：Antonio Lopo Martinez ; Miguel Carlos Ramos Dumer
期刊名称：Revista de Contabilidade e Organizações
电子版ISSN：1982-6486
出版年度：2014
卷号：8
期号：20
页码：3-16
语种：English
出版社：Universidade de São Paolo
摘要：Using data from Thomson Reuters I/B/E/S, we investigated the statistical properties of analysts’ quarterly earnings projections in the years around the adoption of IFRS in Brazil (2007 to 2011). Characteristics such as accuracy, bias and precision of analysts’ forecasts are useful in different situations. The results indicate that the accuracy improved with increased coverage and for more profitable firms. Univariate and multivariate tests did not indicate significant changes in the accuracy and bias of the forecasts in the years around the adoption of IFRS.
其他摘要：Using data from Thomson Reuters I/B/E/S, we investigated the statistical properties of analysts’ quarterly earnings projections in the years around the adoption of IFRS in Brazil (2007 to 2011). Characteristics such as accuracy, bias and precision of analysts’ forecasts are useful in different situations. The results indicate that the accuracy improved with increased coverage and for more profitable firms. Univariate and multivariate tests did not indicate significant changes in the accuracy and bias of the forecasts in the years around the adoption of IFRS.
关键词：Earnings projections; Analysts; Accuracy; Bias; IFRS.
其他关键词：Earnings projections; Analysts; Accuracy; Bias; IFRS.