How cultural backgrounds shape financial forecasts
There's a funny thing about facts. Two people can look at the same ones but interpret them very differently, depending on their styles of thinking. On Wall Street, analysts with short-term or long-term orientations may issue different financial forecasts for the same company, says Yong Yu, professor...
Image: Phys.org
There's a funny thing about facts. Two people can look at the same ones but interpret them very differently, depending on their styles of thinking. On Wall Street, analysts with short-term or long-term orientations may issue different financial forecasts for the same company, says Yong Yu, professor of accounting at the McCombs School of Business at The University of Texas at Austin.
Originally published at Phys.org
