Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 7 of 7 for “"Analyst recommendations"”.
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The Value of Analyst Recommendations: An International Perspective
… studies which examine different aspects of analyst stock recommendations in international stock markets. The first study focuses on the information content of analyst recommendations at the country level. It shows that analyst recommendations aggregated at the country level predict …
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Two essays on analyst bias and management entrenchment
… the interactions of corporate governance on analyst behavior. Analyst bias is well documented in the previous literature. However, the relationship between managerial entrenchment and analyst bias has not been explored. In my first essay, I hypothesize that while analysts strike a balance …
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Essays in financial economics
… topics in Financial Economics. Underwriter analysts issue recommendations that are on average more favorable than recommendations of other analysts. In Chapter 1, I investigate whether this bias matters for returns, and whether it matters for wealth redistribution between institutional and …
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Return Predictability Conditional on the Characteristics of Information Signals
… announcements, management earnings forecasts, or analyst recommendations then the 20-day abnormal returns becomes much larger: ranging from 3% to 4% for positive events and about -2.25% for negative events. For these news events, we also find that the underreaction is greater for positive …
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Essays in financial economics
… The second essay investigates how sell-side analysts make recommendation revisions facing various incentives at different points in time. The first essay, Contagious Corporate Default, analyzes contagious corporate default - default by one firm that raises the likelihood of defaults by …