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Keywords: analysts
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Journal Articles
Journal of the American Taxation Association (2022) 44 (2): 7–33.
Published: 01 September 2022
...Jennifer L. Brown; K. C. Lin; Jared A. Moore; Laura A. Wellman ABSTRACT This study examines the impact of tax policy uncertainty (TPU) on analysts' forecasts and managers' interim estimates of effective tax rates (ETRs). We adopt a broad definition of TPU that encompasses both the legislative...
Journal Articles
Journal of the American Taxation Association (2020) 42 (1): 103–131.
Published: 01 March 2020
...Sangwan Kim; Andrew P. Schmidt; Kelly Wentland ABSTRACT This paper investigates the extent to which analysts incorporate tax-based earnings information into their earnings forecasts relative to other earnings information. We find that analysts' misreaction to tax-based earnings information...