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Keywords: seasonal affective disorder
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Journal Articles
Journal:
The Accounting Review
The Accounting Review (2018) 93 (4): 309–333.
Published: 01 July 2018
...Kin Lo; Serena Shuo Wu ABSTRACT We examine the impact of Seasonal Affective Disorder (SAD) on financial analysts. We hypothesize and find that analysts are more pessimistic, less precise, and more asymmetric in their boldness in the fall, as indicated by their forecasts of quarterly earnings...
