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. They have also become a significant obstacle to the internationalization of China's capital market. This article … finds that discretionary halts lead to a decrease in the number of analysts following, a decline in analysts' forecast … accuracy, and an increase in analysts' forecast dispersion. Further research finds that reducing the amount and the decline of …
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properties of analysts' earnings forecasts. The evidence shows that forecast accuracy is lower and forecast dispersion higher for … Big 4 audits and earnings forecast properties is stronger in weak political environments. This finding suggests that …
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We examine how the sudden drop in public information search capability caused by Google’s withdrawal from China affects … Chinese analysts’ earnings forecasts. We observe, after Google’s withdrawal, a decline in analysts’ forecast accuracy for … effect of the withdrawal on forecast accuracy is stronger for firms with higher business complexity and more opaque financial …
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