Abstract | 第1-6页 |
摘要 | 第6-7页 |
1 Introduction | 第7-10页 |
·Background and Significance of the Research | 第7-8页 |
·Research Method and Idea | 第8-9页 |
·Innovation and limitation of the Research | 第9-10页 |
·Innovation of the Research | 第9页 |
·Limitation of the Research | 第9-10页 |
2 Research Overview of Analysts’Earnings Forecast Bias | 第10-16页 |
·Definition, Classification and Role of Security Analysts | 第10-12页 |
·Definition of Security Analysts | 第10页 |
·Classification of Security Analysts | 第10-11页 |
·Role of Security Analysts | 第11-12页 |
·Research Overview of Analysts’Earnings Forecast Bias | 第12-16页 |
·Overseas Research Overview of Analysts’Earnings Forecast Bias | 第12-14页 |
·Domestic Research Overview of Analysts’Earnings Forecast Bias | 第14-16页 |
3 Empirical Study of Analysts’Earnings Forecast Bias Pattern | 第16-44页 |
·Theoretical Analysis and Research Hypothesis | 第16-22页 |
·Research Design | 第22-28页 |
·Data Source and Sample Selection | 第22-26页 |
·Variable Selection and Model Building | 第26-28页 |
·Research Result | 第28-44页 |
·Descriptive Statistics | 第28-36页 |
·T-test results | 第36-39页 |
·Multiple Regression Result and Analysis | 第39-41页 |
·The Bias Pattern of Long Forecast Horizon and Short Forecast Horizon | 第41-44页 |
4 Empirical Study of the Difference between Star Analysts and Non-star Analysts’Earnings Forecast Behavior | 第44-51页 |
·Theoretical Analysis and Research Hypothesis | 第44-46页 |
·Research Design | 第46-48页 |
·Data Source and Sample Selection | 第46-47页 |
·Variable Selection | 第47-48页 |
·Research Result | 第48-51页 |
·Star Analysts and Non-star Analysts’Preference for Covered Firms | 第48-49页 |
·Difference between Star Analysts and Non-star Analysts’Forecast Bias | 第49-51页 |
5 Conclusions and Discussion | 第51-54页 |
·Research Conclusions | 第51-53页 |
·Discussion on this research | 第53-54页 |
Bibliography | 第54-58页 |
Acknowledgments | 第58-60页 |