Filter Results:
(179)
Show Results For
- All HBS Web (221)
- Faculty Publications (89)
Show Results For
- All HBS Web (221)
- Faculty Publications (89)
Sort by
- 29 Aug 2006
- First Look
First Look: August 29, 2006
datasets) is positively correlated with dispersion among experts' forecasts. Further we use longitudinal datasets with sales forecasts made three-nine months before earnings report date for retailers and... View Details
Keywords: Sean Silverthorne
- 07 Jul 2009
- First Look
First Look: July 7
Missing Quarterly Analysts Forecasts (revised) Authors:Richard Mergenthaler, Shiva Rajgopal, and Suraj Srinivasan Abstract We find that missing the quarterly analyst consensus earnings View Details
Keywords: Martha Lagace
- 27 Mar 2018
- First Look
First Look at New Research, March 27, 2018
sell-side analysts employed at state-owned brokerages issued relatively optimistic earnings forecasts and stock recommendations during these periods. This relative optimism is particularly pronounced in... View Details
Keywords: Sean Silverthorne
- 08 Jan 2008
- First Look
First Look: January 8, 2008
and sales for our datasets) is positively correlated with both dispersion among experts' forecasts and scale: the variance increases sublinearly with dispersion and more than linearly with scale. Further, we use longitudinal datasets with... View Details
Keywords: Martha Lagace
- 25 Nov 2008
- First Look
First Look: November 25, 2008
buys significantly outperform its recent sells around subsequent earnings announcements. We find that mutual fund trades also forecast EPS surprises. The point estimates suggest that skilled trading around... View Details
Keywords: Martha Lagace
- 28 May 2013
- Research & Ideas
Can LEGO Snap Together a Future in Asia?
colossal tumble. A recapitalization of the company led to a fairy-tale rebound as the group returned to selling its core building sets. LEGO earned $1.0 billion as sales approached $3.5 billion in 2011, and in 2012, it overtook Hasbro as... View Details
- 19 Oct 2010
- First Look
First Look: October 19, 2010
Working PapersValuation when Cash Flow Forecasts Are Biased Author:Richard S. Ruback Abstract This paper focuses adaptations to the discount cash flow (DCF) method when valuing forecasted cash flows that are... View Details
Keywords: Sean Silverthorne
- 26 Jun 2007
- First Look
First Look: June 26, 2007
increases US investors' equity FPI holdings by 21%, controlling for effects on FDI. This suggests that the residual tax on foreign multinational firm earnings biases capital flows to low corporate tax countries toward FPI. A one standard... View Details
Keywords: Martha Lagace
- 11 Apr 2017
- First Look
First Look at New Research, April 11
banking analysts issue early in the year relatively more optimistic and later in the year more pessimistic forecasts for banks that could be their future employers. This pattern is not observed when the same analysts View Details
- 28 Sep 2010
- First Look
First Look: September 28, 2010
document that the improvement in the information environment is driven both by information and comparability effects. These results are robust to variations in the measurement of information environment quality, forecast horizon, sample... View Details
Keywords: Sean Silverthorne
- 24 Jan 2017
- First Look
First Look at New Research: January 24, 2017
earnings patterns. Firms with historically larger earnings in one quarter of the year (“positive seasonality quarters”) have higher returns when those earnings are usually... View Details
Keywords: Sean Silverthorne
- 28 Jun 2011
- First Look
First Look: June 28
PublicationsManager-Specific Effects on Earnings Guidance: An Analysis of Top Executive Turnovers Authors:Francois Brochet, Lucile Faurel, and Sarah McVay Publication:Journal of Accounting Research (forthcoming) Abstract We investigate... View Details
Keywords: Sean Silverthorne
- 03 Dec 2015
- Op-Ed
How "New Nuclear" Power Could Save the Planet—If Regulators Would Allow It
accelerating the impact of climate change and threatening many on this planet. Our leaders face energy’s Gordian knot. They must find a way to cut it. "We need to deliver real economic alternatives to coal-fired power to the developing world, particularly Asia" The... View Details
- 08 Jun 2010
- First Look
First Look: June 8
related to EPS and price forecast accuracy, the same is not true for the subsidiaries. We establish that this "forgotten child" phenomenon is linked to a "neglected parent" effect, whereby inaccuracy in subsidiary... View Details
Keywords: Martha Lagace
- 09 May 2011
- Research & Ideas
Moving From Bean Counter to Game Changer
top management level." Mikes began her research in 2005 in England, where she earned her PhD from the London School of Economics. (Hall and Millo are both employed there.) Within five years, she had interviewed 60 risk management... View Details
- 12 Jul 2010
- Research & Ideas
Rocket Science Retailing: A Practical Guide
do managers forecast total revenue? You can get a sense of that from looking at investment analysts' forecasts. While it is true that managers have information that analysts lack, analysts' estimates and management's guidance on View Details
- 20 Feb 2007
- First Look
First Look: February 20, 2007
(forthcoming) Abstract Abarbanell and Lehavy (2006) examine the effect of distributional properties of earnings and forecast data used by researchers who investigate 'Street' earnings. They perform a large... View Details
Keywords: Martha Lagace
- 11 Dec 2012
- First Look
First Look: Dec. 11
experience higher future growth in return-on-assets (ROA) with analysts failing to fully reflect this information in their earnings forecasts. Return prediction, growth in ROA, and analyst forecast errors... View Details
Keywords: Sean Silverthorne
- 17 Apr 2007
- First Look
First Look: April 17, 2007
trusted groups—in this study, African-Americans— find it particularly difficult to overcome the barriers erected by trust. Trust, we conclude, confers competitive advantage by slowing down the diffusion of new ideas and products in the economy. As trust is built up... View Details
Keywords: Martha Lagace
- 24 Jan 2012
- First Look
First Look: Jan. 24
information environment quality, forecast horizon, sample composition, and tests of earnings management. Read the paper: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1264101 Wider dem sauren Mund.... View Details
Keywords: Sean Silverthorne