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Analyst Forecast Errors And Stock-Price Behavior Near The Earnings Announcement Dates Of Lifo Adopters

Author

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  • BIDDLE, GC
  • RICKS, WE

Abstract

No abstract is available for this item.

Suggested Citation

  • Biddle, Gc & Ricks, We, 1988. "Analyst Forecast Errors And Stock-Price Behavior Near The Earnings Announcement Dates Of Lifo Adopters," Journal of Accounting Research, Wiley Blackwell, vol. 26(2), pages 169-194.
  • Handle: RePEc:bla:joares:v:26:y:1988:i:2:p:169-194
    DOI: http://hdl.handle.net/10.2307/2491101
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Rachel M. Hayes & Carolyn B. Levine, 2000. "An Approach to Adjusting Analysts' Consensus Forecasts for Selection Bias," Contemporary Accounting Research, John Wiley & Sons, vol. 17(1), pages 61-83, March.
    2. Keune, Marsha B. & Keune, Timothy M. & Quick, Linda A., 2017. "Voluntary changes in accounting principle: Literature review, descriptive data, and opportunities for future research," Journal of Accounting Literature, Elsevier, vol. 39(C), pages 52-81.
    3. Erik Peek, 2005. "The influence of accounting changes on financial analysts' forecast accuracy and forecasting superiority: Evidence from the Netherlands," European Accounting Review, Taylor & Francis Journals, vol. 14(2), pages 261-295.
    4. Peter Harris, 2011. "Should Last In First Out Inventory Valuation Methods Be Eliminated?," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 5(4), pages 53-67.
    5. Pincus, Morton, 1997. "Stock price effects of the allowance of LIFO for tax purposes," Journal of Accounting and Economics, Elsevier, vol. 23(3), pages 283-308, November.
    6. Joseph K. Cheung, 1990. "Discussion of “On the incentives for security analysts to revise their earnings forecasts†," Contemporary Accounting Research, John Wiley & Sons, vol. 7(1), pages 223-226, September.
    7. Daniel, Kent & Hirshleifer, David & Teoh, Siew Hong, 2002. "Investor psychology in capital markets: evidence and policy implications," Journal of Monetary Economics, Elsevier, vol. 49(1), pages 139-209, January.
    8. Fernando Rubio, 2005. "Estrategias Cuantitativas De Valor Y Retornos Por Accion De Largo," Finance 0503029, University Library of Munich, Germany.
    9. Kim, Hyun-Dong & Park, Kwangwoo & Song, Kyojik Roy, 2021. "Organization capital and analysts’ forecasts," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 762-778.
    10. Fernando Rubio, 2005. "Eficiencia De Mercado, Administracion De Carteras De Fondos Y Behavioural Finance," Finance 0503028, University Library of Munich, Germany, revised 23 Jul 2005.
    11. Michael Ettredge & Jeong Youn Kim, 1994. "Dividend behavior surrounding LIFO adoption," Review of Financial Economics, John Wiley & Sons, vol. 4(1), pages 39-53, September.

    More about this item

    Keywords

    Analyst forecasts; Analyst forecast errors; Stock returns; Accounting method changes;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies

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