-
1
-
-
70249098801
-
On the information role of stock recommendation revisions
-
Altinkiliç O, Hansen R (2009) On the information role of stock recommendation revisions. J Account Econ 48:17–36
-
(2009)
J Account Econ
, vol.48
, pp. 17-36
-
-
Altinkiliç, O.1
Hansen, R.2
-
2
-
-
85016669228
-
Evidence that analysts are not important information-intermediaries, working paper, Freeman School of Business
-
Altinkiliç O, Balashov V, Hansen R (2010) Evidence that analysts are not important information-intermediaries, working paper, Freeman School of Business, Tulane University
-
(2010)
Tulane University
-
-
Altinkiliç, O.1
Balashov, V.2
Hansen, R.3
-
3
-
-
47749131139
-
Reg-FD and the competitiveness of all-star analysts
-
Bagnoli M, Watts S, Zhang Y (2008) Reg-FD and the competitiveness of all-star analysts. J Account Public Policy 27:295–316
-
(2008)
J Account Public Policy
, vol.27
, pp. 295-316
-
-
Bagnoli, M.1
Watts, S.2
Zhang, Y.3
-
4
-
-
0345447646
-
Regulation fair disclosure and earnings information: market, analyst, and corporate responses
-
Bailey W, Li H, Mao C, Zhong R (2003) Regulation fair disclosure and earnings information: market, analyst, and corporate responses. J Financ 58:2487–2514
-
(2003)
J Financ
, vol.58
, pp. 2487-2514
-
-
Bailey, W.1
Li, H.2
Mao, C.3
Zhong, R.4
-
5
-
-
85016672457
-
Analyst recommendations and higher order beliefs: explaining bubbles and price drift, working paper
-
Balakrishnan K, Schrand C, Vashishtha R (2011) Analyst recommendations and higher order beliefs: explaining bubbles and price drift, working paper. University of Pennsylvania
-
(2011)
University of Pennsylvania
-
-
Balakrishnan, K.1
Schrand, C.2
Vashishtha, R.3
-
6
-
-
0040884261
-
Can investors profit from the prophets? Security analyst recommendations and stock returns
-
Barber B, Lehavy R, McNichols M, Trueman B (2001) Can investors profit from the prophets? Security analyst recommendations and stock returns. J Financ 56:531–563
-
(2001)
J Financ
, vol.56
, pp. 531-563
-
-
Barber, B.1
Lehavy, R.2
McNichols, M.3
Trueman, B.4
-
7
-
-
33644692431
-
Buys, holds, and sells: the distribution of investment banks' stock ratings and the implications for the profitability of analysts' recommendations
-
Barber B, Lehavy R, McNichols M, Trueman B (2006) Buys, holds, and sells: the distribution of investment banks' stock ratings and the implications for the profitability of analysts' recommendations. J Account Econ 41:87–117
-
(2006)
J Account Econ
, vol.41
, pp. 87-117
-
-
Barber, B.1
Lehavy, R.2
McNichols, M.3
Trueman, B.4
-
8
-
-
34247325134
-
Comparing the stock recommendation performance of investment banks and independent research firms
-
Barber B, Lehavy R, Trueman B (2007) Comparing the stock recommendation performance of investment banks and independent research firms. J Financ Econ 85:490–517
-
(2007)
J Financ Econ
, vol.85
, pp. 490-517
-
-
Barber, B.1
Lehavy, R.2
Trueman, B.3
-
9
-
-
84960610685
-
Using privileged information to manipulate markets: insiders, gurus, and credibility
-
Benabou R, Laroque G (1992) Using privileged information to manipulate markets: insiders, gurus, and credibility. Q J Econ 107:921–958
-
(1992)
Q J Econ
, vol.107
, pp. 921-958
-
-
Benabou, R.1
Laroque, G.2
-
10
-
-
33845298649
-
Analysts, industries, and price momentum
-
Boni L, Womack K (2006) Analysts, industries, and price momentum. J Financ Quant Anal 41:85–109
-
(2006)
J Financ Quant Anal
, vol.41
, pp. 85-109
-
-
Boni, L.1
Womack, K.2
-
11
-
-
34247399561
-
Investor reaction to celebrity analysts: the case of earnings forecast revisions
-
Bonner S, Hugon A, Walther B (2007) Investor reaction to celebrity analysts: the case of earnings forecast revisions. J Account Res 45:481–513
-
(2007)
J Account Res
, vol.45
, pp. 481-513
-
-
Bonner, S.1
Hugon, A.2
Walther, B.3
-
13
-
-
84892698207
-
Analyst behavior following IPOs: the bubble period evidence
-
Bradley D, Jordan B, Ritter JR (2008) Analyst behavior following IPOs: the bubble period evidence. Rev Financ Stud 21:101–133
-
(2008)
Rev Financ Stud
, vol.21
, pp. 101-133
-
-
Bradley, D.1
Jordan, B.2
Ritter, J.R.3
-
14
-
-
85016669873
-
Forecast-recommendation consistency and earnings forecast quality
-
Brown L and Huang K (2010) Forecast-recommendation consistency and earnings forecast quality, working paper
-
(2010)
working paper
-
-
Brown, L.1
Huang, K.2
-
15
-
-
0002624840
-
On persistence in mutual fund performance
-
Carhart M (1997) On persistence in mutual fund performance. J Financ 52:57–82
-
(1997)
J Financ
, vol.52
, pp. 57-82
-
-
Carhart, M.1
-
16
-
-
34247583384
-
The impact of all-star analyst Job changes on their coverage choices and investment banking deal flow
-
Clarke J, Khorana A, Patel A, Rau R (2007) The impact of all-star analyst Job changes on their coverage choices and investment banking deal flow. J Account Econ 84:713–737
-
(2007)
J Account Econ
, vol.84
, pp. 713-737
-
-
Clarke, J.1
Khorana, A.2
Patel, A.3
Rau, R.4
-
17
-
-
10944234993
-
Do initial public offering firms purchase analyst coverage with underpricing?
-
Cliff M, Denis D (2004) Do initial public offering firms purchase analyst coverage with underpricing? J Financ 59:2871–2901
-
(2004)
J Financ
, vol.59
, pp. 2871-2901
-
-
Cliff, M.1
Denis, D.2
-
19
-
-
0041902290
-
Following the leader: a study of individual analysts’ earnings forecasts
-
Cooper R, Day T, Lewis C (2001) Following the leader: a study of individual analysts’ earnings forecasts. J Financ Econ 61:383–416
-
(2001)
J Financ Econ
, vol.61
, pp. 383-416
-
-
Cooper, R.1
Day, T.2
Lewis, C.3
-
20
-
-
33644674332
-
What types of analyst firms make more optimistic forecasts?
-
Cowen A, Groysberg B, Healy P (2006) What types of analyst firms make more optimistic forecasts? J Account Econ 41:119–146
-
(2006)
J Account Econ
, vol.41
, pp. 119-146
-
-
Cowen, A.1
Groysberg, B.2
Healy, P.3
-
21
-
-
0039561990
-
Measuring mutual fund performance with characteristic-based benchmarks
-
Daniel K, Grinblatt M, Titman S, Wermers R (1997) Measuring mutual fund performance with characteristic-based benchmarks. J Financ 52:875–899
-
(1997)
J Financ
, vol.52
, pp. 875-899
-
-
Daniel, K.1
Grinblatt, M.2
Titman, S.3
Wermers, R.4
-
22
-
-
84917319886
-
Reputation acquisition in debt markets
-
Diamond DW (1989) Reputation acquisition in debt markets. J Polit Econ 97:828–862
-
(1989)
J Polit Econ
, vol.97
, pp. 828-862
-
-
Diamond, D.W.1
-
23
-
-
85016653615
-
The all-America research team. (status of equity research’s future explored)
-
Dini J (2001) “The all-America research team. (status of equity research’s future explored)”. The Institutional Investors Magazine (October 2001)
-
(2001)
The Institutional Investors Magazine (October
, pp. 2001
-
-
Dini, J.1
-
24
-
-
0033632719
-
Factors affecting investment bank initial public offering market share
-
Dunbar C (2000) Factors affecting investment bank initial public offering market share. J Financ Econ 55:3–41
-
(2000)
J Financ Econ
, vol.55
, pp. 3-41
-
-
Dunbar, C.1
-
25
-
-
0000880130
-
Discrete expectational data and portfolio performance
-
Elton E, Gruber M, Grossman S (1986) Discrete expectational data and portfolio performance. J Financ 41:699–713
-
(1986)
J Financ
, vol.41
, pp. 699-713
-
-
Elton, E.1
Gruber, M.2
Grossman, S.3
-
26
-
-
68949170356
-
Are Wall Street analyst rankings popularity contest?
-
Emery D, Li X (2009) Are Wall Street analyst rankings popularity contest? J Financ Quant Anal 44:411–437
-
(2009)
J Financ Quant Anal
, vol.44
, pp. 411-437
-
-
Emery, D.1
Li, X.2
-
27
-
-
34247347815
-
Measure for measure: the relation between forecast accuracy and recommendation profitability of analysts
-
Ertimur Y, Sunder J, Sunder S (2007) Measure for measure: the relation between forecast accuracy and recommendation profitability of analysts. JAccount Res 45:567–606
-
(2007)
JAccount Res
, vol.45
, pp. 567-606
-
-
Ertimur, Y.1
Sunder, J.2
Sunder, S.3
-
28
-
-
38549147867
-
Common risk factors in the return on bonds and stocks
-
Fama E, French K (1993) Common risk factors in the return on bonds and stocks. J Financ Econ 33:3–53
-
(1993)
J Financ Econ
, vol.33
, pp. 3-53
-
-
Fama, E.1
French, K.2
-
29
-
-
71949094167
-
The effectiveness of reputation as a disciplinary mechanism in sell-side research
-
Fang L, Yasuda A (2009) The effectiveness of reputation as a disciplinary mechanism in sell-side research. Rev Financ Stud 22:3735–3777
-
(2009)
Rev Financ Stud
, vol.22
, pp. 3735-3777
-
-
Fang, L.1
Yasuda, A.2
-
30
-
-
11144314897
-
The effectiveness of regulation FD
-
Gintschel A, Markov S (2004) The effectiveness of regulation FD. J Account Econ 37:293–314
-
(2004)
J Account Econ
, vol.37
, pp. 293-314
-
-
Gintschel, A.1
Markov, S.2
-
31
-
-
0037288662
-
Analyst forecast revisions and market price discovery
-
Gleason C, Lee C (2003) Analyst forecast revisions and market price discovery. Account Rev 78:193–225
-
(2003)
Account Rev
, vol.78
, pp. 193-225
-
-
Gleason, C.1
Lee, C.2
-
32
-
-
34249748994
-
SEC regulation fair disclosure, information, and the cost of capital
-
Gomes A, Gorton G, Madureira L (2007) SEC regulation fair disclosure, information, and the cost of capital. J Corp Finan 13:300–334
-
(2007)
J Corp Finan
, vol.13
, pp. 300-334
-
-
Gomes, A.1
Gorton, G.2
Madureira, L.3
-
33
-
-
33746205824
-
The value of client access to analyst recommendation
-
Green TC (2006) The value of client access to analyst recommendation. J Financ Quant Anal 41:1–24
-
(2006)
J Financ Quant Anal
, vol.41
, pp. 1-24
-
-
Green, T.C.1
-
34
-
-
0001188867
-
On the impossibility of informationally efficient markets
-
Grossman S, Stiglitz J (1980) On the impossibility of informationally efficient markets. Am Econ Rev 70:393–408
-
(1980)
Am Econ Rev
, vol.70
, pp. 393-408
-
-
Grossman, S.1
Stiglitz, J.2
-
35
-
-
85016689498
-
Conflict-of-interest reforms and brain drain in investment banks
-
Guan Y, Lu H, Wong F (2010) Conflict-of-interest reforms and brain drain in investment banks, working paper
-
(2010)
working paper
-
-
Guan, Y.1
Lu, H.2
Wong, F.3
-
36
-
-
77957770415
-
Forecast accuracy and stock recommendations
-
Hall J, Tacon P (2010) Forecast accuracy and stock recommendations. J Contemp Account Econ 6:18–33
-
(2010)
J Contemp Account Econ
, vol.6
, pp. 18-33
-
-
Hall, J.1
Tacon, P.2
-
37
-
-
0013468441
-
Analyzing the analysts: career concerns and biased earnings forecasts
-
Hong H, Kubik JD (2003) Analyzing the analysts: career concerns and biased earnings forecasts. J Financ 58:313–351
-
(2003)
J Financ
, vol.58
, pp. 313-351
-
-
Hong, H.1
Kubik, J.D.2
-
38
-
-
0034372684
-
Security analysts’ career concerns and herding of earnings forecasts
-
Hong H, Kubik J, Solomon A (2000) Security analysts’ career concerns and herding of earnings forecasts. Rand J Econ 31:121–144
-
(2000)
Rand J Econ
, vol.31
, pp. 121-144
-
-
Hong, H.1
Kubik, J.2
Solomon, A.3
-
39
-
-
0037412140
-
The incremental impact of analyst initiation of coverage
-
Irvine P (2003) The incremental impact of analyst initiation of coverage. J Corp Finan 9:431–451
-
(2003)
J Corp Finan
, vol.9
, pp. 431-451
-
-
Irvine, P.1
-
41
-
-
16244419382
-
Trade generation, reputation, and sell-side analysts
-
Jackson A (2005) Trade generation, reputation, and sell-side analysts. J Financ 60:673–717
-
(2005)
J Financ
, vol.60
, pp. 673-717
-
-
Jackson, A.1
-
42
-
-
33746211548
-
Value of analyst recommendations: international evidence
-
Jegadeesh N, Kim W (2006) Value of analyst recommendations: international evidence. J Financ Mark 9:274–309
-
(2006)
J Financ Mark
, vol.9
, pp. 274-309
-
-
Jegadeesh, N.1
Kim, W.2
-
43
-
-
2942703989
-
Analyzing the analysts: when do recommendations add value?
-
Jegadeesh N, Kim J, Krische S, Lee C (2004) Analyzing the analysts: when do recommendations add value? J Financ 59:1083–1124
-
(2004)
J Financ
, vol.59
, pp. 1083-1124
-
-
Jegadeesh, N.1
Kim, J.2
Krische, S.3
Lee, C.4
-
44
-
-
70349483972
-
Getting out early: an analysis of market making activity at the recommending analyst’s firm
-
Juergens J, Lindsey L (2009) Getting out early: an analysis of market making activity at the recommending analyst’s firm. J Financ 64:2327–2359
-
(2009)
J Financ
, vol.64
, pp. 2327-2359
-
-
Juergens, J.1
Lindsey, L.2
-
45
-
-
65149103312
-
Conflicts of interest and stock recommendations: the effect of global settlement and related regulations
-
Kadan O, Madureira L, Wang R, Zach T (2009) Conflicts of interest and stock recommendations: the effect of global settlement and related regulations. Rev Financ Stud 22:4189–4217
-
(2009)
Rev Financ Stud
, vol.22
, pp. 4189-4217
-
-
Kadan, O.1
Madureira, L.2
Wang, R.3
Zach, T.4
-
46
-
-
85016694021
-
Adds and drops of analyst coverage: does the stock market overreact?
-
Kecskes A, Womack K (2010) Adds and drops of analyst coverage: does the stock market overreact? Working paper
-
(2010)
Working paper
-
-
Kecskes, A.1
Womack, K.2
-
47
-
-
84455180315
-
What drives the value of analysts’ recommendations: earnings estimates or discount rate estimates?
-
Kecskes, A., R. Michaely, K. Womack (2010) What drives the value of analysts’ recommendations: earnings estimates or discount rate estimates? Working paper
-
(2010)
Working paper
-
-
Kecskes, A.1
Michaely, R.2
Womack, K.3
-
48
-
-
0031498263
-
Transaction costs and investment style: an inter-exchange analysis of institutional equity trades
-
Keim D, Madhavan A (1997) Transaction costs and investment style: an inter-exchange analysis of institutional equity trades. J Financ Econ 46:265–292
-
(1997)
J Financ Econ
, vol.46
, pp. 265-292
-
-
Keim, D.1
Madhavan, A.2
-
51
-
-
85016665745
-
What does it take to become a superstar? Evidence from Institutional investor rankings of financial analysts, working paper. Simon School of Business
-
Leone A, Wu J (2007) What does it take to become a superstar? Evidence from Institutional investor rankings of financial analysts, working paper. Simon School of Business, University of Rochester
-
(2007)
University of Rochester
-
-
Leone, A.1
Wu, J.2
-
52
-
-
27744595348
-
The persistence of relative performance in stock recommendations of sell-side financial analysts
-
Li X (2005) The persistence of relative performance in stock recommendations of sell-side financial analysts. J Account Econ 40:129–152
-
(2005)
J Account Econ
, vol.40
, pp. 129-152
-
-
Li, X.1
-
53
-
-
0001250001
-
Underwriting relationships, analysts earnings forecasts and investment recommendations
-
Lin H, McNichols MF (1998) Underwriting relationships, analysts earnings forecasts and investment recommendations. J Account Econ 25:101–127
-
(1998)
J Account Econ
, vol.25
, pp. 101-127
-
-
Lin, H.1
McNichols, M.F.2
-
55
-
-
29344444221
-
Competing for securities underwriting mandates: banking relationships and analyst recommendations
-
Ljungqvist A, Marston F, Wilhelm WJ (2006) Competing for securities underwriting mandates: banking relationships and analyst recommendations. J Financ 61:301–340
-
(2006)
J Financ
, vol.61
, pp. 301-340
-
-
Ljungqvist, A.1
Marston, F.2
Wilhelm, W.J.3
-
57
-
-
33646475583
-
Do accurate earnings forecasts facilitate superior investment recommendations?
-
Loh R, Mian M (2006) Do accurate earnings forecasts facilitate superior investment recommendations? J Financ Econ 80:455–483
-
(2006)
J Financ Econ
, vol.80
, pp. 455-483
-
-
Loh, R.1
Mian, M.2
-
58
-
-
79251470167
-
When are analyst recommendation changes influential
-
Loh R, Stulz R (2011) When are analyst recommendation changes influential. Rev Financ Stud 24:593–627
-
(2011)
Rev Financ Stud
, vol.24
, pp. 593-627
-
-
Loh, R.1
Stulz, R.2
-
59
-
-
6344270172
-
Why has IPO underpricing changed over time?
-
Loughran T, Ritter J (2004) Why has IPO underpricing changed over time? Financ Manag 2004:5–37
-
(2004)
Financ Manag
, vol.2004
, pp. 5-37
-
-
Loughran, T.1
Ritter, J.2
-
61
-
-
9944250830
-
Do security analysts exhibit persistent differences in stock picking ability?
-
Mikhail M, Walther B, Willis R (2004) Do security analysts exhibit persistent differences in stock picking ability? J Financ Econ 74:67–91
-
(2004)
J Financ Econ
, vol.74
, pp. 67-91
-
-
Mikhail, M.1
Walther, B.2
Willis, R.3
-
62
-
-
33745584604
-
How has regulation FD affected the operations of financial analysts?
-
Mohanram P, Sunder S (2006) How has regulation FD affected the operations of financial analysts? Contemp Account Res 23:491–525
-
(2006)
Contemp Account Res
, vol.23
, pp. 491-525
-
-
Mohanram, P.1
Sunder, S.2
-
64
-
-
61849109551
-
All star analysts 1999 survey: Early mornings, late nights mark an analyst’s day. Wall Str J
-
Sessa D (1999) All star analysts 1999 survey: Early mornings, late nights mark an analyst’s day. Wall Str J, June 29, R13
-
(1999)
June
, vol.29
, pp. R13
-
-
Sessa, D.1
-
65
-
-
84993865999
-
Reputation and performance among security analysts
-
Stickel S (1992) Reputation and performance among security analysts. J Financ 47:1811–1836
-
(1992)
J Financ
, vol.47
, pp. 1811-1836
-
-
Stickel, S.1
-
66
-
-
0002028716
-
The anatomy of the performance of buy and sell recommendations
-
Stickel S (1995) The anatomy of the performance of buy and sell recommendations. Fin Anal J 51:25–39
-
(1995)
Fin Anal J
, vol.51
, pp. 25-39
-
-
Stickel, S.1
-
67
-
-
0011183261
-
Do brokerage analysts’ recommendations have investment value?
-
Womack K (1996) Do brokerage analysts’ recommendations have investment value? J Financ 51:137–167
-
(1996)
J Financ
, vol.51
, pp. 137-167
-
-
Womack, K.1
|