영문초록
This study investigates whether firm-specifics affect forecast accuracy using a sample of IPO firms in Korea. The forecasts accuracy can be differentiated depending on firm specifics. This study uses the foreign investor, intangible asset and patents as firm specifics. The analysts are divided into two groups by firm-specifies(foreign investors ratio of low and high, intangible asset ratio of low and high, patents of acquisition) and also examine the degree of analysts`s forecast accuracy over the two groups. and examined the degree of the analysts` forecast accuracy over the two groups. The sample is composed of 460 IPO (Initial Public Offering) firms listed on the KOSDAQ (Korean Securities Dealers Automated Quotations) for the period from 2001 to 2009. The analysts` forecast accuracy is much higher in the group of high foreign investor but is lower in the group of high intangible assets and patents. Also, the group of high foreign investors respectively interacts with group of high intangible assets ratio and group of patents of acquisition. In result, The analysts` forecast accuracy is higher because foreign investor is decreased information asymmetry. This study compares suggests that patents may be helpful for predicting forecast accuracy.
추천자료
[주식유통]주식유통의 구분, 주식유통의 기본모형, 주식유통의 유가증권상장절차, 주식유통의 최초공모주가격결정, 주식유통의 유령신주, 주식유통의 허위납입주식, 향후 주식유통의 유령주식방지 대책 분석
[졸업][경상] 닷컴기업과 버블
통화상황지수, 집중지수, 투입산출물가지수, 경기종합지수, 소비자물가지수, 게임산업, 인터넷쇼핑몰 기업경기실사지수, 다우존스 주가지수, 빅맥지수
우리나라의 실태와 임금조정의 방법-21세기 유망직종
증권회사(증권사)의 연혁, 증권회사(증권사)의 겸영업무, 증권회사(증권사)의 정보제공, 증권회사(증권사)의 영업활동, 증권회사(증권사)의 애널리스트, 증권회사(증권사)의 파산 사례, 향후 증권회사의 과제
[위험관리론] 신용위험의 개념, 발생요인, 측정방법
[경제원론] 금융안정과 규제
[증권투자] 2007 재무분석과 투자
[금융자산관리론] 자산관리업무
[금융자산관리론] 자산운용전략
분야
0x500482.pdf 
