Lead indicator models and UK analysts' earnings forecasts

Accounting and Business Research

Volumn 28, Issue 4, 1998, Pages 271-280

  Hussain, Simon ^a  

^a NEWCASTLE UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 13644277601     PISSN: 00014788     EISSN: None     Source Type: Journal    
DOI: 10.1080/00014788.1998.9728915     Document Type: Article

References (32)

1. Ali, A., Klein, A. and Rosenfeld, J. (1992). 'Analysts' use of information about permanent and transitory earnings components in forecasting annual EPS'. The Accounting Review (January): 183-98.
2. Arnold, J. and Moizer, P. (1984). 'A survey of the methods used by UK investment analysts to appraise investments in ordinary shares', Accounting and Business Research (summer): 195-207.
3. Astley, M. S. and Haldane, A. G. (1995). 'Money as an indicator'. Bank of England Working Paper Series, 35.
4. Atiase, R. K. (1985). 'Predisclosure information, firm capitalisation, and security price behaviour around earnings announcements', Journal of Accounting Research (Spring): 21-36.
5. Bamber, L. S. (1986). 'The information content of annual earnings releases: a trading volume approach', Journal of Accounting Research (Spring): 40-56.
6. Basi, B. A., Carey, K. J. and Twark, R. D. (1976). 'A comparison of the accuracy of corporate and security analyst forecasts of earnings', Accounting Review (April): 244-54.
7. Bhaskar, K. N. and Morris, R. C. (1984). 'The accuracy of brokers' profit forecasts in the UK', Accounting and Business Research (Spring): 113-24.
8. Bhushan, R. (1989a). 'Collection of information about publicly traded firms', Journal of Accounting and Economics, 11: 183-206.
9. Bhushan, R. (1989b). 'Firm characteristics and analyst following', Journal of Accounting and Economics, 11: 255-74.
10. Breedon, F. J. and Fisher, P., G. (1993). 'M0: causes and consequences'. Bank of England Working Paper Series, 20.
11. Brown, L. D., Richardson, G. D. and Schwager, S. J. (1987). 'An information interpretation of financial analysis superiority in forecasting earnings', Journal of Accounting Research (Spring): 49-67.
12. Brown, L. D. and Rozeff, M. S. (1978). 'The superiority of analyst forecasts as measures of expectations: evidence from earnings'. Journal of Finance (March): 1-16.
13. Callen, J. L., Kwan, C. C. Y., Yip, P. C. Y. and Yuan, Y. (1996). 'Neural network forecasting of quarterly accounting earnings'. International Journal of Forecasting, W.12, 4: 439-574.
14. Capstaff, J., Paudyal, K. and Rees, W. (1995). 'The accuracy and rationality of earnings forecasts by UK analysts'. Journal of Business Finance and Accounting (January): 67-85.
15. Chant, P. D. (1980). 'On the predictability of corporate earnings per share behaviour'. Journal of Finance (March): 13-21.
16. Chatfield, C. (1996). The Analysis of Time Series: An Introduction. 5th ed. London: Chapman and Hall.
17. Cheung, J. K. (1990). 'Discussion of "On the incentives of security analysts to revise their earnings forecasts"'. Contemporary Accounting Research, Fall: 223-26.
18. Collins, D. W., Kothari, S. P. and Rayburn, J. D. (1987). 'Firm size and the information content of prices with respect to earnings', Journal of Accounting and Economics, July, 9: 111-38.
19. Crockett, A. D. (1970). 'Timing relationships between movements of monetary and national income variables'. Bank of England Quarterly Bulletin: 459-72.
20. Dale, S. and Haldane, A. G. (1995). 'Interest rates and the channels of monetary transmission: some sectoral estimates'. European Economic Review, 39: 1,611-26.
21. Foster, G. (1977). 'Quarterly accounting data: time series properties and predictive ability results'. Accounting Review, January: 1-21.
22. Freeman, R. N. (1987). 'The association between accounting earnings and security returns for large and small firms'. Journal of Accounting and Economics, July, 9: 195-228.
23. Henry, S. G. B. and Pesaran, B. (1993). 'VAR models of inflation'. Bank of England Quarterly Bulletin, May: 231-39.
24. Little, I. M. D. (1962). 'Higgledy piggledy growth'. Institute of Statistics, (Oxford), 24 November.
25. Linter, J. and Glauber, R. (1967). 'Higgledy piggledy growth in America?' Seminar on the analysts of security prices, May 1967. Graduate School of Business: University of Chicago.
26. O'Brien, P. C. (1988). 'Analysts' forecasts as earnings expectations', Journal of Accounting and Economics, 10: 53-88.
27. Patz, D. H. (1989). 'UK analysts' earnings forcasts', Accounting and Business Research, Summer: 267-75.
28. Stickel, S. E. (1989). 'The timing of an incentives for annual earnings forecasts near interim earnings announcements'. Journal of Accounting and Economics, 11: 275-92.
29. Thompson, R. B., Olsen, C. and Dietrich, J. R. (1987). 'Attributes of news about firms: an analysis of firm-specific news reported in the Wall Street Journal Index'. Journal of Accounting Research, Autumn: 245-74.
30. Trueman, B. (1990). 'On the incentives for security analysts to revise their earnings forecasts'. Contemporary Accounting Research, Fall: 203-22.
31. Watts, R. L. and Leftwich, R. W. (1977). 'The time series of annual accounting earnings'. Journal of Accounting Research, Autumn: 253-71.
32. Zarnowitz, V. (1992). Business cycles: theory, history, indicators and forecasting. Chicago: The University of Chicago Press.