Repository logo
 

The Effect of Cultural Distance Between an Analyst and a CEO on Analysts’ Earnings Forecast Performance

Simple item page
aut.relation.articlenumber109957
aut.relation.endpage109957
aut.relation.journalEconomics Letters
aut.relation.startpage109957
aut.relation.volume205
dc.contributor.authorFrijns, B
dc.contributor.authorGarel, A
dc.date.accessioned2025-06-25T02:27:10Z
dc.date.available2025-06-25T02:27:10Z
dc.date.issued2021-08-01
dc.description.abstractWe examine how cultural distance between an analyst and a CEO is associated with earnings forecast performance. Using a sample of 283,062 analyst-firm-year earnings forecasts over the period 1992–2016, we find that greater cultural distance is associated with greater forecast error. This finding is robust to the use of alternative culture frameworks. We further document that our result is mainly driven by a culture effect rather than bilateral trust or a shared common language.
dc.identifier.citationEconomics Letters, ISSN: 0165-1765 (Print), Elsevier BV, 205, 109957-109957. doi: 10.1016/j.econlet.2021.109957
dc.identifier.doi10.1016/j.econlet.2021.109957
dc.identifier.issn0165-1765
dc.identifier.urihttp://hdl.handle.net/10292/19365
dc.languageen
dc.publisherElsevier BV
dc.relation.urihttps://www.sciencedirect.com/science/article/pii/S0165176521002342
dc.rights© 2021 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/)
dc.rights.accessrightsOpenAccess
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subject38 Economics
dc.subject14 Economics
dc.subjectEconomics
dc.subject38 Economics
dc.titleThe Effect of Cultural Distance Between an Analyst and a CEO on Analysts’ Earnings Forecast Performance
dc.typeJournal Article
pubs.elements-id608229

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
The effect of cultural distance between an analyst and a CEO on analysts’ earnings forecast performance.pdf
Size:
367.81 KB
Format:
Adobe Portable Document Format
Description:
Journal article
Download

Collections

AUT Economics and Finance Department