{"id":"https://openalex.org/W2175115347","doi":"https://doi.org/10.1016/j.jacceco.2015.10.002","title":"Bias in the post-IPO earnings forecasts of affiliated analysts: Evidence from a Chinese natural experiment","display_name":"Bias in the post-IPO earnings forecasts of affiliated analysts: Evidence from a Chinese natural experiment","publication_year":2015,"publication_date":"2015-10-25","ids":{"openalex":"https://openalex.org/W2175115347","doi":"https://doi.org/10.1016/j.jacceco.2015.10.002","mag":"2175115347"},"language":"en","primary_location":{"id":"doi:10.1016/j.jacceco.2015.10.002","doi":"https://doi.org/10.1016/j.jacceco.2015.10.002","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jacceco.2015.10.002","pdf_url":null,"source":{"id":"https://openalex.org/S62142384","display_name":"Journal of Accounting and Economics","issn_l":"0165-4101","issn":["0165-4101","1879-1980"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Accounting and Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2689506","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5056287448","display_name":"Nancy Huyghebaert","orcid":"https://orcid.org/0000-0001-6800-3169","observed_orcids":["https://orcid.org/0000-0001-6800-3169"]},"institutions":[{"id":"https://openalex.org/I99464096","display_name":"KU Leuven","ror":"https://ror.org/05f950310","country_code":"BE","type":"education","lineage":["https://openalex.org/I99464096"]}],"countries":["BE"],"is_corresponding":false,"raw_author_name":"Nancy Huyghebaert","raw_affiliation_strings":["KU Leuven, Faculty of Economics and Business, Department of Accountancy, Finance and Insurance, Naamsestraat 69, 3000 Leuven, Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"KU Leuven, Faculty of Economics and Business, Department of Accountancy, Finance and Insurance, Naamsestraat 69, 3000 Leuven, Belgium","institution_ids":["https://openalex.org/I99464096"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101961909","display_name":"Weidong Xu","orcid":"https://orcid.org/0000-0002-7185-1078","observed_orcids":["https://orcid.org/0000-0002-7185-1078"]},"institutions":[{"id":"https://openalex.org/I2802067006","display_name":"Research Foundation - Flanders","ror":"https://ror.org/03qtxy027","country_code":"BE","type":"government","lineage":["https://openalex.org/I2802067006"]},{"id":"https://openalex.org/I99464096","display_name":"KU Leuven","ror":"https://ror.org/05f950310","country_code":"BE","type":"education","lineage":["https://openalex.org/I99464096"]}],"countries":["BE"],"is_corresponding":true,"raw_author_name":"Weidong Xu","raw_affiliation_strings":["Fonds Wetenschappelijk Onderzoek (11C7912N), Belgium","KU Leuven, Faculty of Economics and Business, Department of Accountancy, Finance and Insurance, Naamsestraat 69, 3000 Leuven, Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Fonds Wetenschappelijk Onderzoek (11C7912N), Belgium","institution_ids":["https://openalex.org/I2802067006"]},{"raw_affiliation_string":"KU Leuven, Faculty of Economics and Business, Department of Accountancy, Finance and Insurance, Naamsestraat 69, 3000 Leuven, Belgium","institution_ids":["https://openalex.org/I99464096"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5101961909"],"corresponding_institution_ids":["https://openalex.org/I2802067006","https://openalex.org/I99464096"],"apc_list":{"value":4170,"currency":"USD","value_usd":4170},"apc_paid":null,"fwci":10.3053,"has_fulltext":false,"cited_by_count":58,"citation_normalized_percentile":{"value":0.97695082,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":99},"biblio":{"volume":"61","issue":"2-3","first_page":"486","last_page":"505"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0038999998942017555,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11918","display_name":"Forecasting Techniques and Applications","score":0.002099999925121665,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/affiliated-analysts","display_name":"affiliated analysts","score":0.9139999747276306},{"id":"https://openalex.org/keywords/optimism-bias","display_name":"optimism bias","score":0.6480000019073486},{"id":"https://openalex.org/keywords/investment-banks","display_name":"investment banks","score":0.7680000066757202},{"id":"https://openalex.org/keywords/chinese-ipo-market","display_name":"Chinese IPO market","score":0.5889999866485596},{"id":"https://openalex.org/keywords/forecast-horizon","display_name":"forecast horizon","score":0.40299999713897705}],"concepts":[{"id":"https://openalex.org/C12559387","wikidata":"https://www.wikidata.org/wiki/Q185142","display_name":"Initial public offering","level":2,"score":0.9241122007369995},{"id":"https://openalex.org/C138170105","wikidata":"https://www.wikidata.org/wiki/Q1337949","display_name":"Issuer","level":2,"score":0.8628184795379639},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.7249665260314941},{"id":"https://openalex.org/C15241564","wikidata":"https://www.wikidata.org/wiki/Q319845","display_name":"Investment banking","level":2,"score":0.6288179755210876},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.6111888885498047},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5171889066696167},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5022094249725342},{"id":"https://openalex.org/C2988984586","wikidata":"https://www.wikidata.org/wiki/Q1020013","display_name":"Stock price","level":3,"score":0.4819735884666443},{"id":"https://openalex.org/C49630185","wikidata":"https://www.wikidata.org/wiki/Q6980675","display_name":"Natural experiment","level":2,"score":0.46835675835609436},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.42989981174468994},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3265310525894165},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.2844352722167969},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.2614881992340088},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2562764883041382},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.05886751413345337},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.053557395935058594},{"id":"https://openalex.org/C143724316","wikidata":"https://www.wikidata.org/wiki/Q312468","display_name":"Series (stratigraphy)","level":2,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.jacceco.2015.10.002","doi":"https://doi.org/10.1016/j.jacceco.2015.10.002","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jacceco.2015.10.002","pdf_url":null,"source":{"id":"https://openalex.org/S62142384","display_name":"Journal of Accounting and Economics","issn_l":"0165-4101","issn":["0165-4101","1879-1980"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Accounting and Economics","raw_type":"journal-article"},{"id":"mag:3121435555","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2689506","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:eee:jaecon:v:61:y:2016:i:2:p:486-505","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0165410115000695","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:lirias2repo.kuleuven.be:123456789/512209","doi":null,"is_oa":false,"landing_page_url":"https://lirias.kuleuven.be/handle/123456789/512209","pdf_url":null,"source":{"id":"https://openalex.org/S7407055369","display_name":"Lirias","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Accounting & Economics, vol. 61 (2), (486-505)","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"mag:3121435555","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2689506","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":41,"referenced_works":["https://openalex.org/W248273746","https://openalex.org/W1495841148","https://openalex.org/W1592576206","https://openalex.org/W1830443876","https://openalex.org/W1883953524","https://openalex.org/W1969632991","https://openalex.org/W1974419721","https://openalex.org/W1980081619","https://openalex.org/W1989720764","https://openalex.org/W2016647142","https://openalex.org/W2022853176","https://openalex.org/W2031550390","https://openalex.org/W2041486153","https://openalex.org/W2045052249","https://openalex.org/W2052377012","https://openalex.org/W2066309326","https://openalex.org/W2067982781","https://openalex.org/W2070938155","https://openalex.org/W2073488258","https://openalex.org/W2096706783","https://openalex.org/W2100087604","https://openalex.org/W2100876305","https://openalex.org/W2111713374","https://openalex.org/W2125243659","https://openalex.org/W2128023420","https://openalex.org/W2129862936","https://openalex.org/W2144167072","https://openalex.org/W2160841369","https://openalex.org/W2333804470","https://openalex.org/W2606315156","https://openalex.org/W3121299736","https://openalex.org/W3121940860","https://openalex.org/W3122058876","https://openalex.org/W3122224215","https://openalex.org/W3122318028","https://openalex.org/W3123021163","https://openalex.org/W3123249515","https://openalex.org/W3123463632","https://openalex.org/W3123717200","https://openalex.org/W3124175736","https://openalex.org/W3125677893"],"related_works":["https://openalex.org/W2524088520","https://openalex.org/W2586311571","https://openalex.org/W2383174848","https://openalex.org/W4407366487","https://openalex.org/W4401662663","https://openalex.org/W2801618582","https://openalex.org/W2042515530","https://openalex.org/W2751340627","https://openalex.org/W2374082169","https://openalex.org/W2890164650"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":8},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":11},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":7},{"year":2019,"cited_by_count":7},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":4}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
