搜索结果: 1-4 共查到“信息经济学 the Value”相关记录4条 . 查询时间(0.234 秒)
Can Analysts Assess Fundamental Risk and Valuation Uncertainty?An Empirical Analysis of Scenario-Based Value Estimates
Analyst Forecasts Scenarios Uncertainty Risk and Uncertainty Valuation
2015/4/27
We use a dataset of sell-side analysts' scenario-based valuation estimates to examine whether analysts reliably assess the risk surrounding a firm's fundamenatal value. We find that the spread in anal...
When Do Analysts Add Value?Evidence from Corporate Spinoffs
Earnings Management Mergers and Acquisitions Business Subsidiaries Restructuring
2015/4/23
We investigate the information content and forecast accuracy of 1,793 analyst reports written around 62 spinoffs—a setting in which analysts' ability to inform investors is potentially very high. We f...
Information Risk and Fair Value: An Examination of Equity Betas and Bid-Ask Spreads
Fair Value Accounting Cost of Capital Financial Instruments
2015/4/22
Finance theory suggests that information risk-that is, the uncertainty regarding valuation parameters for an underlying asset-is reflected in firms' equity betas and the information asymmetry componen...
The Value of Openness in Scientific Problem Solving
Scientific information sharing amongst scientists
2015/4/21
Openness and free information sharing amongst scientists are supposed to be core norms of the scientific community. However, many studies have shown that these norms are not universally followed. Lack...