Information content of pre-earnings disclosures made by analysts.
Foo, Sin Ju.
Low, Kay Ngee.
Tan, Yi Fern.
Date of Issue2005
College of Business (Nanyang Business School)
Motivated by conflicting research on the complimentary and substitutive association between analysts’ information and earnings, we aim to investigate the association between these competing information sources. We found no substitutive association, even with analysts’ uncertainty during the pre-disclosure period. Investors take into account both when revising their trading decisions.
Final Year Project (FYP)
Nanyang Technological University