Research in Financial Analysis

UNIVERSITY OF VAASA, FINLAND
Faculty of Business Studies
Department of Accounting and Finance

RESEARCH IN FINANCIAL ANALYSIS 2008
Timo Rothovius

The course pages by professor Vähämaa
The course pages by professor Salmi

Note:
- Lectures on 28-29th of October, 2008, at 12:15-14:00. Classroom C203.

The course lectures

Reading list (available via university library, not from the book store!):

- Capstaff, J., K. Paudyal, W. Rees (2001). A Comparative Analysis of Earnings Forecasts in Europe. J. of Business Finance & Accounting 28, 531-562.
- Kross, W., B. Ro, D. Schroeder (1990). Earnings expectations: the analysts' information advantage. Accounting Review 65, 461-476.
- Duru, A., D. Reeb (2002). International diversification and analysts' forecast accuracy and bias. Accounting Review 77, 415-433.
- Frankel, R., S.P. Kothari, J. Weber (2006). Determinants of the informativeness of analyst research. J. of Accounting and Economics, 29-54.
- Loh, R., G. Mian (2006). Do accurate forecasts facilitate superior investment recommendations?. J. of Financial Economics, 455-483.

Excel example discussed in the lectures