The roles of task-specific forecasting experience and innate ability in understanding analyst forecasting performance

155 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Analyst following along the supply chain (2011, unknown): “…environment (Brown et al.1987; Kross et al. 1990; Lang and Lundholm 1996), an analyst’s ability and skills (Clement 1999; Mikhail et al. 1997; Clement et al. 2007; Bae et al. 2008), government regulation (Heflin et al. 2003), and an analyst’s portfolio choices (Clement 1999; Kini et al.…”
Analyst Career Concerns, Effort Allocation, and Firms’ Information Environment (2018, unknown): “This measure is initially developed by Clement (1999) to remove firm-year effects in analyst forecast accuracy and is widely adopted in the literature (e.g., Malloy, 2005; Clement et al., 2007; De Franco and Zhou, 2009; Horton and Serafeim, 2012; Bradley, Gokkaya, and Liu, 2016).”
What Drives Sell-Side Analyst Compensation at High-Status Investment Banks? (2011, methodology): “(1999), and Clement et al. (2007), and (iv) the standard-deviation-deflated measure (PSAFE) reported in Groysberg, Healy, and Chapman (2008).”
Before an Analyst Becomes an Analyst: Does Industry Experience Matter? (2015, unknown): “Therefore, we follow the literature and adjust these variables by their related firm-year means in order to control for firm-year effects (Clement, 1999; Clement et al., 2007).”