经济政策不确定性与分析师盈余预测修正

被引:58
作者
陈胜蓝
李占婷
机构
[1] 内蒙古大学经济管理学院
关键词
经济政策不确定性; 分析师盈余预测修正; 保守主义; 地理邻近;
D O I
暂无
中图分类号
F275 [企业财务管理]; F832.51 [];
学科分类号
1202 ; 120202 ; 1201 ; 020204 ;
摘要
本文使用经济政策不确定性指数考察2007-2013年中国A股市场,经济政策不确定性对分析师盈余预测修正的影响。在控制了宏观经济因素后,研究结果表明随着经济政策不确定性加大,分析师倾向于负向修正盈余预测,支持分析师"保守主义"假说。此外,券商和公司地理邻近以及公司的抗风险能力能够显著缓解这种负向影响。本文从经济政策不确定性视角提供了分析师盈余预测修正的经验证据,丰富了分析师盈余预测修正行为研究领域的文献。
引用
收藏
页码:169 / 192
页数:24
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