Acknowledgments: We appreciate helpful comments by two anonymous reviewers and Anwer Ahmed, Bruce Billings, Hemang Desai, Bruce Johnson, Terry Marsh, Rick Morton, Kathy Petroni, Mort Pincus, Tom Rothenberg, and Brett Trueman. Particularly, we are grateful to Reuven Lehavy for his encouragement and insightful comments. Baik acknowledges financial support from the Institute of Management Research, Seoul National University. Any errors are our own.
A Re-examination of Analyst Under-reaction†
Article first published online: 16 OCT 2013
© 2013 Korean Securities Association
Asia-Pacific Journal of Financial Studies
Volume 42, Issue 5, pages 724–754, October 2013
How to Cite
Baik, B. and Lee, S. J. (2013), A Re-examination of Analyst Under-reaction. Asia-Pacific Journal of Financial Studies, 42: 724–754. doi: 10.1111/ajfs.12029
- Issue published online: 16 OCT 2013
- Article first published online: 16 OCT 2013
- Manuscript Accepted: 24 MAY 2013
- Manuscript Received: 6 DEC 2010
- Seoul National University
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