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Information Asymmetry in Acquisitions Lit Review (view source)
Revision as of 16:50, 26 July 2012
, 16:50, 26 July 2012→Tetlock 2010
**Analyst coverage for each stock is the number of analysts with yearly earnings forecasts for that stock in the previous calendar month.
**analyst forecast dispersion (Disperi t ) is the standard deviation of the one-year earnings per share forecasts in the previous calendar month divided by the contemporaneous stock price
**Institutional ownership (InstOwni t ) is the sum of all institutional holdings divided by the firm’s market capitalization at the end of each calendar quarter(Source: Thomson 13(f))
==Analysts Forecasts==
