Table 1 Distribution of analyst attention.

From: Consequences of firm-specific stock price crashes on analyst forecasts: Evidence from China

 

Visit

Proximity

 

Yes

No

Advantage

Disadvantage

Pre-SPC

+

−

+

−

Post-SPC

+

+

+

+

Expected effect

Weak

Strong

Weak

Strong

  1. Table 1 shows the contribution of analyst attention to forecast accuracy. Columns 1 and 2 show the impact on forecast accuracy when analysts conduct site visits or not. Columns 3 and 4 show the impact of analyst attention on analyst forecast accuracy under different geographical proximity.
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