Corporate tax avoidance is likely to be associated with a high level of earnings management
and with high financial opacity in the time-series. On this basis, we hypothesize that analyst …

This study investigates the relation between managerial overconfidence and analyst
recommendations. The empirical finding shows that analysts are less likely to issue upgrade …

Abstract The Hong Kong stock market is known to be highly volatile. Professional investors
have a strong demand for timely information because of the infrequent nature of Hong Kong …

Under international financial reporting standards, discount rates have become a component
of value estimations. Originating from management control and capital budgeting …

I develop and test theory about the impact of heuristics on the composition of actively
managed equity portfolios. Active equity portfolio managers are charged with the task of …

The purpose of this paper is to identify the pattern of research related to analyst
recommendations. The sample of this study was based on 119 documents between 1983 to …

Corporate tax avoidance is likely to be associated with a high level of earnings management
and with high financial opacity in the time-series. On this basis, we hypothesize that analyst …

In just a few years, discount rates have become a recurrent estimate in lFRS/AS evaluation
models. lt is now mentioned in twelve international standards: lAS 17, 19, 26, 36, 37, 38 …

Le présent rapport a été réalisé avec le support financier de l'Autorité des Normes
Comptables. En premier lieu, les auteurs remercient l'ANC pour leur soutien à la recherche …

Executive summary Under international financial reporting standards, discount rates have
become a component of value estimations. Originating from management control and capital …