Testing for bank opaqueness using analysts' forecasts

dc.contributor.author	Κουμπάρος, Δημήτριος Α.
dc.date.accessioned	2009-10-13T10:47:47Z
dc.date.available	2009-10-13T10:47:47Z
dc.date.issued	2009-10-13T10:47:47Z
dc.identifier.uri	https://dione.lib.unipi.gr/xmlui/handle/unipi/3248
dc.language.iso	el
dc.rights	Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 4.0 Διεθνές
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.el
dc.subject	Economic forecasting
dc.subject	Bank holding companies -- United States
dc.subject	Banks and banking
dc.subject	Financial statements
dc.title	Testing for bank opaqueness using analysts' forecasts
dc.type	Master Thesis
europeana.isShownAt	https://dione.lib.unipi.gr/xmlui/handle/unipi/3248
europeana.type	IMAGE
dc.identifier.call	332.1 ΚΟΥ
dc.description.abstractEN	Developing two proxy measures based on analysts’ earnings per share forecasts in the period 1999- 2008, I test for bank opaqueness in the United States. Although, the general belief suggests that banking firms are informationally opaque, the results, in overall, are not consistent with expectations. Banks do not seem to exhibit a high degree of opaqueness, though there is evidence that this degree increased in 2007 and 2008, years in which the american economy faced a serious depression. In contrast, analysts seem to face greater difficulties in evaluating the financial position of firms included in the majority of the other U.S. industries.

Except where otherwise noted, this item's license is described as
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 4.0 Διεθνές