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Do analysts’ cash flow forecasts improve firm value?

Title
Do analysts’ cash flow forecasts improve firm value?
Author
김종현
Issue Date
2020-10
Publisher
Multidisciplinary Digital Publishing Institute
Citation
International Journal of Financial Studies, v. 8, No. 4, Article no. 60, 25pp
Abstract
We examine whether analysts’ cash flow forecasts improve firm value. First, we analyze whether the joint issuance of financial analysts’ earnings and cash flow forecasts improve firm value. Second, we analyze whether the quality of analysts’ cash flow forecasts improve firm value. The empirical results of our study are as follows. First, the joint issuance of analysts’ earnings and cash flow forecasts has a significantly positive effect on firm value
URI
https://www.mdpi.com/2227-7072/8/4/60https://repository.hanyang.ac.kr/handle/20.500.11754/165869
ISSN
2227-7072
DOI
10.3390/ijfs8040060
Appears in Collections:
COLLEGE OF BUSINESS AND ECONOMICS[E](경상대학) > ACCOUNTING AND TAX(회계세무학과) > Articles
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