SEARCH

SEARCH BY CITATION

REFERENCES

  • Baker, Malcolm and Jeffrey Wurgler. 2006. Investor Sentiment and the Cross-Section of Stock Returns. Journal of Finance, 61 (4): 16451680.
  • Barber, Brad, Reuven Lehavy, Maureen McNichols, and Brett Trueman. 2001. Can Investors Profit From the Prophets? Securities Analysts' Recommendations and Stock Returns. Journal of Finance, 56 (2): 531563.
  • Barber, Brad, Reuven Lehavy, Maureen McNichols, and Brett Trueman. 2003. Reassessing the Returns to Analysts' Stock Recommendations. Financial Analysts Journal, 59 (2): 8895.
  • Barber, Brad, Reuven Lehavy, Maureen McNichols, and Brett Trueman. 2006. Buys, Holds and Sells: The Distribution of Investment Banks' Stock Ratings and the Implications for the Profitability of Analysts' Recommendations. Journal of Accounting and Economics, 41 (1–2): 87117.
  • Barber, Brad, Reuven Lehavy, and Brett Trueman. 2007. Comparing the Stock Recommendation Performance of Investment Banks and Independent Research Firms. Journal of Financial Economics, 85 (2): 490517.
  • Bergkvist, Lars and John Rossiter. 2007. The Predictive Validity of Multiple-Item Versus Single Item Measures of the Same Constructs. Journal of Marketing Research, 44 (2): 175184.
  • Bidwell, Clinton M. and Robert Kolb. 1980. The Impact and Value of Broker's Sell Recommendations. The Financial Review, 15 (3): 5868.
  • Bradshaw, Mark T. 2004. How Do Analysts Use Their Earnings Forecast in Generating Stock Recommendations? The Accounting Review, 79 (1): 2550.
  • Brennan, Michael and Patricia Hughes. 1991. Stock Prices and the Supply of Information. Journal of Finance, 46 (5): 27.
  • Brody, Richard G. and Lynn Rees. 1996. The Performance of Popular Investment Magazine Stock Analysis. Journal of Applied Business Research, 12 (1): 4246.
  • Brown, Stephen, Stephen Hilligeist, and Kin Lo. 2004. Conference Calls and Information Asymmetry. Journal of Accounting and Economics, 37 (3): 343366.
  • Chung, Kee H. 2000. Marketing of Stocks by Brokerage Firms: The Role of Financial Analysts. Financial Management, 29 (2): 3554.
  • Clement, Michael and Senyo Tse. 2005. Financial Analyst Characteristics and Herding Behavior in Forecasting. Journal of Finance, 60 (1): 307341.
  • Cornell, Bradford. 2001. Is the Response of Analysts to Information Consistent With Fundamental Valuation? The Case of Intel. Journal of Financial Management, 30 (1): 113136.
  • Cote, Jane and Jerry Goodstein. 1999. A Breed Apart? Security Analysts and Herding Behavior. Journal of Business Ethics, 18 (3): 305314.
  • Cowles, Alfred. 1933. Can Stock Market Forecasters Forecast? Econometrica: Journal of Econometric Society, 1: 309324.
  • Damodaran, Aswath. 2003. Investment Philosophies: Successful Investment Philosophies and the Greatest Investors Who Made Them Work. Hoboken, NJ: John Wiley & Sons, Inc.
  • DeBondt, Warner and Richard Thaler. 1985. Does the Stock Market Overreact?'' Journal of Finance, 40 (3): 793805.
  • Dugar, Amitabh and Siva Nathan. 1995. The Effects of Investment Banking Relationships on Financial Analysts' Earnings Investment Recommendations. Contemporary Accounting Research, 12 (1): 131160.
  • Ebinger, Louis. 2008. Sarbanes-Oxley Section 501(a): No Implied Private Right of Action, and a Call to Congress for an Express Private Right of Action to Enhance Analyst Disclosure. Iowa Law Review, 93: 19211929.
  • Eleswarapu, Venkat R., Rex Thompson, and Kumar Venkataraman. 2004. The Impact of Regulation Fair Disclosure: Trading Costs and Information Asymmetry. Journal of Financial and Quantitative Analysis, 39 (2): 209225.
  • Francis, Jennifer, J. Douglas Hanna, and Donna R. Philbrick. 1997. Management Communications with Securities Analysts. Journal of Accounting and Economics, 24 (3): 363394.
  • Franzzini, Andrea and Owen A. Lamont. 2008. Dumb Money: Mutual Fund Flows and the Cross-Section of Stock Returns. Journal of Financial Economics, 88 (2): 299322.
  • Grossman, Sanford J. 1995. Dynamic Asset Allocation and the Informational Efficiency of Markets. Journal of Finance, 50 (3): 773778.
  • Groth, John C., Wilbur G. Lewellen, Gary G. Schlarbaum, and Ronald C. Lease. 1979. An Analysis of Brokerage House Securities Recommendations. Financial Analysts Journal, 35 (1): 3240.
  • Hayes, Rachel. 1998. The Impact of Trading Commission Incentives on Analysts' Stock Coverage Decisions and Earnings Forecasts. Journal of Accounting Research, 36 (2): 299320.
  • Hoch, Stephen J. and Young-Won Ha. 1986. Consumer Learning: Advertising and the Ambiguity of Product Experience. Journal of Consumer Research, 13 (2): 221233.
  • Hong, Harrison and Jeffrey D. Kubik. 2003. Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts. Journal of Finance, 58 (1): 313351.
  • Hong, Harrison, Jeffrey D. Kubik, and Amit Solomon. 2000. Securities Analysts' Career Concerns and Herding of Earnings Forecasts. Rand Journal of Economics, 31 (1): 121144.
  • Howe, John S., Emre Unlu, and Xeumin Sterling. 2009. The Predictive Content of Aggregate Analyst Recommendations. Journal of Accounting Research, 47 (3): 799821.
  • Hung, Kee H. 2000. Marketing Stocks by Brokerage Firms: The Role of Financial Analysts. Financial Management, 29 (2): 3554.
  • Hunton, James E. and Ruth Ann McEwen. 1997. An Assessment of the Relation Between Analysts' Earnings Forecast Accuracy, Motivational Incentives and Cognitive Information Search Strategy. The Accounting Review, 72 (4): 497515.
  • Irani, Afshad J. and Irene Karamanou. 2004. A Study of the Economic Consequences of Regulation FD (Fair Disclosure). Research in Accounting Regulation, 17: 195212.
  • Irvine, Paul. 2001. Do Analysts Generate Trade for Their Firms? Evidence From the Toronto Stock Exchange. Journal of Accounting and Economics, 30 (2): 209226.
  • Irvine, Paul. 2004. Analysts' Forecasts and Brokerage Firm Trading. The Accounting Review, 79 (1): 125149.
  • Jackson, Andrew. 2005. Trade Generation, Reputation and Sell-Side Analysts. Journal of Finance, 60 (2): 673717.
  • Jegadeesh, Narasimhan and Woojin Kim. 2006. Value of Analyst Recommendations: International Evidence. Journal of Financial Markets, 9 (3): 274309.
  • Jegadeesh, Narasimhan, Joonghyuk Kim, Susan D. Krische, and Charles Lee. 2004. Analyzing the Analysts: When Do Recommendations Add Value? Journal of Finance, 59 (3): 10831124.
  • Kwag, Seung-Woog and Kenneth Small. 2007. The Impact of Regulation Fair Disclosure on Earnings Management and Analyst Forecast Bias. Journal of Economics and Finance, 3 (1): 8798.
  • Li, Xi. 2005. The Persistence of Relative Performance in Stock Recommendations of Sell-Side Financial Analysts. Journal of Accounting and Economics, 40 (1-3): 129152.
  • Libby, Robert, James E. Hunton, Hun-Tong Tan, and Nicholas Seybert. 2008. Relationship Incentives and the Optimistic/Pessimistic Pattern in Analysts' Forecasts. Journal of Accounting Research, 46 (1): 173198.
  • Lim, Terence. 2001. Rationality and Analysts' Forecast Bias. Journal of Finance, 56 (1): 369385.
  • Lin, Hsiou-Yi and Maureen McNichols. 1998. Underwriting Relationships, Analysts' Earnings Forecasts and Investment Recommendations. Journal of Accounting and Economics, 25 (1): 101127.
  • Lin, Wen-Yi, Po-Jung Chen, and Sheng-Syan Chen. 2010. Stock Characteristics and Herding in Financial Analyst Recommendations. Applied Financial Economics, 21 (5): 317331.
  • Ljungqvist, Alexander, Felicia Marston, and William J. Wilhelm. 2006. Competing for Securities Underwriting Mandates: Banking Relationships and Analysts' Recommendations. Journal of Finance, 61 (1): 301340.
  • Malmendier, Ulrike, and Devin Shanthikumar. 2007a. Do Securities Analysts Speak in Two Tongues? NBER Working Paper No. 13124.
  • Malmendier, Ulrike, and Devin Shanthikumar. 2007b. Are Small Investors Naïve About Incentives? Journal of Financial Economics, 85 (2): 457489.
  • Massey, Cade, and Richard H. Thaler. 2005. The Loser's Curse: Overconfidence vs. Market Efficiency in the National Football League Draft. Duke University.
  • Michaely, Roni and Kent L. Womack. 1999. Conflict of Interest and the Credibility of Underwriter Analyst Recommendations. Review of Financial Studies, 122 (4): 653686.
  • Mikhail, Michael B., Beverly R. Walther, and Richard H. Willis. 2004. Do Security Analysts Exhibit Persistent Differences in Stock Picking Ability? Journal of Financial Economics, 74 (1): 6791.
  • Mola, Simona and Massimo Guidolin. 2009. Affiliated Mutual Funds and Analyst Optimism. Journal of Financial Economics, 93 (1): 108137.
  • O'Brien, Patricia C., Maureen F. McNichols, and Lin Hsiou-Wei. 2005. Analyst Impartiality and Investment Banking Relationships. Journal of Accounting Research, 43 (4): 623650.
  • Odean, Terrance. 1998. Volume, Volatility, Price, and Profit When All Traders Are Above Average. Journal of Finance, 53 (6): 18871934.
  • Petty, Richard E. and John T. Cacioppo. 1981. Attitudes and Persuasion: Classic and Contemporary Approaches. Dubuque, IA: Wm. C. Brown Co.
  • Rajan, Raghuram and Henri Servaes. 1997. Analyst Following of Initial Public Offerings. Journal of Finance, 52 (2): 507529.
  • Rees, Ray. 1985. The Theory of Principal and Agent—Part I. Bulletin of Economic Research, 37 (1): 326.
  • Reuter, Jonathan. 2006. Are IPO Allocations For Sale? Evidence From Mutual Funds. Journal of Finance, 61 (5): 22892324.
  • Ribstein, Larry E. 2005. Sarbanes-Oxley After Three Years. Working Paper, College of Law, University of Illinois.
  • Richards, Jeff I. and Ivan L. Preston. 1992. Proving and Disproving Materiality of Deceptive Advertising Claims. Journal of Public Policy and Marketing, 11 (2): 4556.
  • Shefrin, Hersh and Meir Statman. 1995. Making Sense of Beta, Size and Book-to-Market. Journal of Portfolio Management, 21 (2): 2634.
  • Solt, Michael E. and Meir Statman. 1989. Good Companies, Bad Stocks. Journal of Portfolio Management, 15 (4): 3944.
  • Stickel, Scott E. 1995. The Anatomy of the Performance of Buy and Sell Recommendations. Financial Analysts Journal, 51 (5): 2539.
  • Stotz, Olaf and Rudiger von Nitzch. 2005. The Perception of Control and the Level of Overconfidence: Evidence From Analyst Earnings Estimates and Price Targets. Journal of Behavioral Finance, 6 (3): 121128.
  • Teoh, Siew Hong and T.J. Wong. 2002. Why New Issues and High Accrual Firms Underperform: the Role of Analysts Credulity. The Review of Financial Studies, 15 (3): 869900.
  • Van Rooij Maarten, AnnaMarie Lusardi, Rob Alessie. 2007. Financial Literacy and Stock Market Participation. NBER Working Paper No. 13565.
  • Wang, Sean. 2009. When Informed Agents Disagree. Doctoral dissertation. Retrieved from ProQuest Dissertation and Theses Database (AAT 3376692).
  • Womack, Kent L. 1996. Do Brokerage Analysts' Recommendations Have Investment Value? Journal of Finance, 51 (1): 137167.