FINANCIAL STATEMENTS, INVESTMENT ANALYST FORECASTS AND ABNORMAL RETURNS |
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| Authors: | Richard J. Dowen W. Scott Bauman |
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| Affiliation: | The authors are from the Department of Finance, Northern Illinois University. They wish to thank the participants in the research workshop at NIU for their comments. They are particularly appreciative of the helpful notes from the anonymous referee and aJBFA;Executive Board member. They also gratefully acknowledge the contribution of I/B/E/S Inc. for the earnings per share forecast data provided through the Institutional Brokerage Estimate System. |
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