by Li, Man-kong, Vincent, Yee, Yat-pui, Yvonne. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1990. / Bibliography: leaves 92-94. / Library's copy:Disk for circulation (3.5 in.) / TABLE OF CONTENTS / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.v / ACKNOWLEDGEMENTS --- p.vi / CHAPTER / Chapter I. --- INTRODUCTION --- p.1 / Importance of Earnings Forecast --- p.1 / Previous Research Findings --- p.3 / Objective --- p.5 / Chapter II. --- AN OVERVIEW OF EARNING FORECASTING --- p.6 / Methods of Forecasting --- p.6 / Financial Analyst's Model --- p.7 / Time-series Model --- p.9 / Common Belief Regarding Forecast Superiority --- p.10 / Chapter III. --- RESEARCH DESIGN AND METHOD OF ANALYSIS --- p.12 / General Framework --- p.12 / Choice of Companies and Time Period --- p.13 / Data Preparation --- p.16 / Actual Earning Data --- p.16 / Forecast Data by Financial Analyst --- p.17 / Adjustment of Data --- p.18 / Time Series Model Data --- p.20 / Generation of Time-series Data --- p.20 / The Time-series Model --- p.20 / Data Analysis --- p.25 / Definition of Forecast Error --- p.25 / Comparison of Forecast Accuracy --- p.26 / Grouping of Companies --- p.26 / Method of Comparison --- p.27 / Chapter IV. --- RESULTS OF ANALYSIS AND IMPLICATIONS --- p.30 / General Data Manipulation --- p.30 / Data For Analysis --- p.30 / Input Data --- p.30 / Computed Forecast Errors --- p.31 / Comparison of Forecast Accuracy --- p.31 / First Time Friedman Test Results --- p.31 / Full Cross-Sectional Dependence --- p.32 / Sectorial Dependence --- p.34 / Cross-Sectional Independence --- p.37 / Wilcoxon Signed Rank Test and Second Time Friedman Test --- p.41 / Full Cross-Sectional Dependence. --- p.42 / Sectorial Dependence --- p.43 / Cross-Sectional Independence --- p.44 / Chapter V. --- CONCLUSION AND DISCUSSION --- p.45 / Findings From Results of Study --- p.45 / Limitation of Study --- p.48 / Cost of Forecast --- p.48 / Sample Size and Length of Study Period --- p.48 / Limited Past Earning Data --- p.49 / Accounting Income Manipulation --- p.50 / Suggested Further Study --- p.50 / APPENDIX A --- p.52 / APPENDIX B --- p.53 / APPENDIX C --- p.56 / BIBLIOGRAPHY --- p.92
Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_318551 |
Date | January 1990 |
Contributors | Li, Man-kong., Yee, Yat-pui., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
Publisher | Chinese University of Hong Kong |
Source Sets | The Chinese University of Hong Kong |
Language | English |
Detected Language | English |
Type | Text |
Format | print, vi, 94 leaves ; 30 cm. + 1 computer disk (5 1/4 in.) |
Coverage | China, Hong Kong |
Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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