Divulgação de informações de risco e seu impacto na precisão das previsões dos analistas
DOI:
https://doi.org/10.18046/j.estger.2020.156.3774Palavras-chave:
informação de risco, precisão dos analistas, riscoResumo
Este artigo tem como objetivo analisar a influência da divulgação de informações de risco na precisão das previsões de lucro de analistas financeiros para o mercado de ações espanhol. Para isso, foi realizada uma análise de regressão com dados em painel de uma amostra de empresas não financeiras listadas na Bolsa de Madri de 2010 a 2015. Os resultados mostram que as informações de risco não ajudam a reduzir os níveis de incerteza de analistas. Além disso, a análise separada das informações de risco verificadas e não verificadas confirma que não há relação entre as informações de risco publicadas e a percepção dos analistas sobre os níveis de risco das empresas.
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