Does corporate governance affect financial analysts' stock recommendations, target prices accuracy and earnings forecast characteristics? An empirical investigation of US companies.

Empir Econ · 2022 · PMC9469064 · PMID 36118292

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almost significantno p-value reported

Last, control variables are almost significant and show that forecast optimism is positively related to the book-to-market ratio (M/B) and negatively related to the volatility of returns (VOLAT).

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