Virtual Analyst Private Meetings
Time & Date
|
10:30 am
-
12:00 pm,
March
28,
2025
(Friday)
|
Topic: |
Virtual Analyst Private Meetings |
Time&Date: |
|
Venue |
Room W203, Administration Building |
Speaker: |
Lin An-Ping Singapore Management University |
Abstract: |
This study examines whether and how financial analysts benefit from attending virtual private meetings held by companies. Using Chinese data, we find that analysts who attend virtual private meetings issue more accurate earnings forecasts after the meetings compared to analysts who attend site visits. When private meetings accommodate a larger number of and more diverse participants, analysts benefit more from virtual meetings while benefiting less from site visits. Additional analyses show that analysts attending virtual meetings issue more timely forecast revisions than analysts attending site visits. Furthermore, while analysts attending virtual meetings and site visits both reduce their forecast optimism after the meetings, forecast optimism of analysts attending virtual meetings is more likely to be positively affected by managers’ tone during the meetings. This paper underscores the significance of virtual analyst meetings in the context of analyst research production. |
Biography: |
Dr. Lin An-Ping joined Singapore Management University in 2015 after earning his PhD from Arizona State University. His research interests include credit ratings, earnings management, financial analysts, and voluntary disclosure. At Singapore Management University, he has taught financial and managerial accounting to students in the Bachelor of Accountancy, Bachelor of Business Administration, MSc in Management, and MBA programs. He is also a Certified Public Accountant (USA). |