메뉴 건너뛰기




Volumn 44, Issue 4, 2006, Pages 657-689

Favorable versus unfavorable recommendations: The impact on analyst access to management-provided information

Author keywords

[No Author keywords available]

Indexed keywords


EID: 33746191388     PISSN: 00218456     EISSN: 1475679X     Source Type: Journal    
DOI: 10.1111/j.1475-679X.2006.00217.x     Document Type: Article
Times cited : (186)

References (29)
  • 1
    • 4243633765 scopus 로고    scopus 로고
    • Cold calls: AOL may be snubbing merrill
    • ANGWIN, J., AND M. PEERS. "Cold Calls: AOL May Be Snubbing Merrill." The Wall Street Journal, January 1, 2001, Cl.
    • (2001) The Wall Street Journal , vol.JANUARY 1
    • Angwin, J.1    Peers, M.2
  • 2
    • 0036267630 scopus 로고    scopus 로고
    • The rewards to meeting or beating earnings expectations
    • BARTOV, E.; D. GIVOLY; AND C. HAYN. 'The Rewards to Meeting or Beating Earnings Expectations."Journal of Accounting & Economics 33 (2002): 173-204.
    • (2002) Journal of Accounting & Economics , vol.33 , pp. 173-204
    • Bartov, E.1    Givoly, D.2    Hayn, C.3
  • 3
    • 0036013279 scopus 로고    scopus 로고
    • Do conference calls affect analysts forecasts?
    • BOWEN, R.; A. DAVIS; AND D. MATSUMOTO. "Do Conference Calls Affect Analysts Forecasts?" The Accounting Review 77 (2002): 285-316.
    • (2002) The Accounting Review , vol.77 , pp. 285-316
    • Bowen, R.1    Davis, A.2    Matsumoto, D.3
  • 4
    • 45949121023 scopus 로고
    • Security analyst superiority relative to univariate time-series models in forecasting quarterly earnings
    • BROWN, L.; R. HAGERMAN; P. GRIFFIN; AND M. ZMIJEWSKI. "Security Analyst Superiority Relative to Univariate Time-Series Models in Forecasting Quarterly Earnings. "Journal of Accounting & Economics 9 (1987): 61-87.
    • (1987) Journal of Accounting & Economics , vol.9 , pp. 61-87
    • Brown, L.1    Hagerman, R.2    Griffin, P.3    Zmijewski, M.4
  • 6
    • 0033162044 scopus 로고    scopus 로고
    • Analyst forecast accuracy: Do ability resources and portfolio complexity matter?
    • CLEMENT, M. "Analyst Forecast Accuracy: Do Ability Resources and Portfolio Complexity Matter?" Journal of Accounting & Economics 27 (1999): 285-304.
    • (1999) Journal of Accounting & Economics , vol.27 , pp. 285-304
    • Clement, M.1
  • 7
    • 0011574501 scopus 로고    scopus 로고
    • Fairness and retaliation: The economics of reciprocity
    • FFHR, E., AND S. GACHTER. "Fairness and Retaliation: The Economics of Reciprocity." The journal of Economic Perspectives 14 (2000): 159.
    • (2000) The Journal of Economic Perspectives , vol.14 , pp. 159
    • Ffhr, E.1    Gachter, S.2
  • 8
    • 33846571955 scopus 로고    scopus 로고
    • Merrill lynch analysts told to change ways
    • GASPARINO, C. "Merrill Lynch Analysts Told to Change Ways." The Wall street Journal, April 9, 2002, Cl.
    • (2002) The Wall Street Journal , vol.APRIL 9
    • Gasparino, C.1
  • 10
    • 0037289352 scopus 로고    scopus 로고
    • Regulation FD and the financial information environment: Early evidence
    • HEFLIN, F.; K. R. SUBRAMANYAM; AND Y. ZHANG. "Regulation FD and the Financial Information Environment: Early Evidence." The Accounting Review 78 (2003): 1-37.
    • (2003) The Accounting Review , vol.78 , pp. 1-37
    • Heflin, F.1    Subramanyam, K.R.2    Zhang, Y.3
  • 11
    • 0013468441 scopus 로고    scopus 로고
    • Analyzing the analysts: Career concerns and biased earnings forecasts
    • HONG, H., AND J. KUBIK. "Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts." The Journal of Finance 58 (2003): 313-51.
    • (2003) The Journal of Finance , vol.58 , pp. 313-351
    • Hong, H.1    Kubik, J.2
  • 12
    • 33746260986 scopus 로고    scopus 로고
    • Bold security analysts' earnings forecasts and managers' information flows
    • Duke University
    • HUANG, A.; R. WILLIS; AND A. ZANG. "Bold Security Analysts' Earnings Forecasts and Managers' Information Flows." Working paper, Duke University, 2004.
    • (2004) Working Paper
    • Huang, A.1    Willis, R.2    Zang, A.3
  • 13
  • 14
    • 0001908433 scopus 로고    scopus 로고
    • Expertise in forecasting performance of security analysts
    • JACOB, J.; T. LYS; AND M. NEALE. "Expertise in Forecasting Performance of Security Analysts." Journal of Accounting & Economics 28 (1999): 41-82.
    • (1999) Journal of Accounting & Economics , vol.28 , pp. 41-82
    • Jacob, J.1    Lys, T.2    Neale, M.3
  • 15
    • 33746221071 scopus 로고    scopus 로고
    • The effect of issuing biased earnings forecasts on analysts' access to management and survival
    • Pennsylvania State University
    • KE, B., AND Y YU. "The Effect of Issuing Biased Earnings Forecasts on Analysts' Access to Management and Survival." Working paper, Pennsylvania State University, 2005.
    • (2005) Working Paper
    • Ke, B.1    Yu, Y.2
  • 16
    • 42149149384 scopus 로고    scopus 로고
    • One analyst learns candor doesn't pay
    • KELLY, K. "One Analyst Learns Candor Doesn't Pay." The Wall Street Journal, February 5, 2003, Cl.
    • (2003) The Wall Street Journal , vol.FEBRUARY 5
    • Kelly, K.1
  • 17
    • 0030305317 scopus 로고    scopus 로고
    • Corporate disclosure policy and analyst behavior
    • LANG, M., AND R. LUNDHOLM. "Corporate Disclosure Policy and Analyst Behavior." The Accounting Review 71 (1996): 467-92.
    • (1996) The Accounting Review , vol.71 , pp. 467-492
    • Lang, M.1    Lundholm, R.2
  • 19
    • 33644678103 scopus 로고    scopus 로고
    • Analyst impartiality and investment banking relationships
    • National Taiwan University, Stanford University, and University of Waterloo
    • LIN, H.; M. MCNICHOLS; AND P. O'BRIEN. "Analyst Impartiality and Investment Banking Relationships." Working paper, National Taiwan University, Stanford University, and University of Waterloo, 2003.
    • (2003) Working Paper
    • Lin, H.1    Mcnichols, M.2    O'Brien, P.3
  • 21
    • 0043158770 scopus 로고    scopus 로고
    • Do security analysts improve their performance with experience?
    • MIKHAIL, M.; B. WALTHER; AND R. WILLIS. "Do Security Analysts Improve Their Performance with Experience?" Journal of Accounting Research 35 (1997): 131-57.
    • (1997) Journal of Accounting Research , vol.35 , pp. 131-157
    • Mikhail, M.1    Walther, B.2    Willis, R.3
  • 22
  • 24
    • 33746264582 scopus 로고    scopus 로고
    • Analyst and IR associations form joint task force on corporate issuer-analyst relations
    • NATIONAL INVESTOR RELATIONS INSTITUTE (NIRI). "Analyst and IR Associations Form Joint Task Force on Corporate Issuer-Analyst Relations," Business wire, May 12, 2003b.
    • (2003) Business Wire , vol.MAY 12
  • 25
    • 0007326564 scopus 로고
    • At morgan stanley, analysts were urged to soften harsh views
    • SICONOLFI, M. "At Morgan Stanley, Analysts Were Urged to Soften Harsh Views." The Wall street Journal, July 14, 1992, Al.
    • (1992) The Wall Street Journal , vol.JULY 14
    • Siconolfi, M.1
  • 26
    • 0003295976 scopus 로고
    • Incredible 'buys': Many companies press analysts to steer clear of negative ratings - Stock research is tainted as naysayers are banned, undermined and berated small investors in the dark
    • SICONOLFI, M. "Incredible 'Buys': Many Companies Press Analysts to Steer Clear of Negative Ratings - Stock Research Is Tainted as Naysayers Are Banned, Undermined and Berated Small Investors in the Dark." The Wall. Street Journal, July 19, 1995, Al.
    • (1995) The Wall. Street Journal , vol.JULY 19
    • Siconolfi, M.1
  • 27
    • 42149130997 scopus 로고    scopus 로고
    • 'You don't like our stock? You are off the list' - SEC sets new front on conflicts by taking aim at companies that retaliate against analysts
    • SOLOMAN, D., AND R. FRANK. '" You Don't Like Our Stock? You Are Off the List' - SEC Sets New Front on Conflicts by Taking Aim at Companies That Retaliate Against Analysts." The Wall Street Journal, June 19, 2003, Cl.
    • (2003) The Wall Street Journal , vol.JUNE 19
    • Soloman, D.1    Frank, R.2
  • 28
    • 0002644952 scopus 로고
    • Maximum likelihood estimation of misspecified models
    • WHITE, H. "Maximum Likelihood Estimation of Misspecified Models. " Econometrica 50 (1982): 1-25.
    • (1982) Econometrica , vol.50 , pp. 1-25
    • White, H.1
  • 29
    • 0345326713 scopus 로고    scopus 로고
    • Regulation fair disclosure and the private information of analysts
    • Stanford University
    • ZITZEWITZ, E. "Regulation Fair Disclosure and the Private Information of Analysts." Working paper, Stanford University, 2002.
    • (2002) Working Paper
    • Zitzewitz, E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.