我国财务分析师远期盈余预测偏差的实证研究

Empirical Study on Deviation of Long-term Earning Forecast Made by Financial Analysts

我国财务分析师行业起步较晚,研究财务分析师的远期盈余预测的精确度及在公司层面的影响因素有重要意义。远期盈余预测预测期越长偏差越大,上市公司受财务分析师的关注程度和上市公司的未来非营业利润的比重两大因素,始终显著地影响财务分析时的远期盈余预测精度。

China′s financial analyst industry late starts.Study on the long-term financial analyst earnings forecast accuracy and the impact factors level in the corporate are important.The longer the forecast period is,the greater is long-term earnings forecast bias.The extent that listed companies are concerned about by financial analysts,and the future proportion of non-operating profit significantly affect the long-term earnings forecast accuracy.