Abstract
Regulation FD made analysts less dependent on insider information and diminished analysts' motives to inflate their forecasts. The Global Research Analyst Settlement had an even bigger impact on analyst behavior: The mean forecast bias declined significantly, whereas the median forecast bias essentially disappeared. These results are similar for all analysts.
| Original language | English |
|---|---|
| Pages (from-to) | 96-107 |
| Number of pages | 12 |
| Journal | Financial Analysts Journal |
| Volume | 66 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - Jul 2010 |
| Externally published | Yes |
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