Panel 2C: Across-Analyst Spreads in and in Low-MPC and High-MPC Stock-Years ACC, FLFR, RLFR Low MPC Mean High MPC Mean High Low p-value – max (ACCt) min (ACCt) <0.01 – 1.03 1.41 0.38 max (FLFRt) min (FLFRt) <0.01 – 7.38 8.48 1.10 max (RLFRt) min (RLFRt) <0.01 – 2.47 3.74 1.27
Panel 2C: Across-Analyst Spreads in ACC, FLFR, and RLFR in Low-MPC and High-MPC Stock-Years Low MPC Mean High MPC Mean High – Low p-value max (ACCt) – min (ACCt) 1.03 1.41 0.38 <0.01 max (FLFRt) – min (FLFRt) 7.38 8.48 1.10 <0.01 max (RLFRt) – min (RLFRt) 2.47 3.74 1.27 <0.01
MS%20R5_final_2015_0220_post.docx