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Keywords: forecast dispersion
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Journal Articles
Journal:
The Accounting Review
The Accounting Review (2013) 88 (6): 2089–2115.
Published: 01 November 2013
...' forecast errors and forecast dispersion. The Diversification Effect suggests that the diversification of the investor and its investee earnings streams enhances earnings predictability, decreasing analysts' forecast errors and forecast dispersion. Our findings are consistent with both effects operating...