Market risk disclosure and analysts' forecasting ability : the role of corporate ownership structure.
Goh, Sharon Shi Ling.
Tey, Ai Hwa.
Date of Issue2003
College of Business (Nanyang Business School)
The SEC had adopted new requirements for the market risk disclosure under FRR 48. This paper assesses the information usefulness of FRR 48. Generally, market risk disclosure is useful to analysts' quarterly forecasts. It bears insignificant relationship to institutional ownership but is useful to firms with high managerial ownership.
Final Year Project (FYP)
Nanyang Technological University