The context of the game
Sign Up to like & getrecommendations! Published in 2017 at "Economic Theory"
DOI: 10.1007/s00199-015-0938-z
Abstract: We study games of incomplete information and argue that it is important to correctly specify the “context” within which hierarchies of beliefs lie. We consider a situation where the players understand more than the analyst:… read more here.
Keywords: game; analyst; equilibrium; type structure ... See more keywords
The effect of managerial entrenchment on analyst bias
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DOI: 10.1016/j.gfj.2018.04.001
Abstract: Abstract While analyst bias is well documented, its relationship with corporate governance has been neglected. We claim that entrenched management of covered firms significantly increases analyst bias. By using governance index as a proxy for… read more here.
Keywords: analyst bias; managerial entrenchment; analyst; effect managerial ... See more keywords
Do analyst recommendations matter for rival companies?
Sign Up to like & getrecommendations! Published in 2019 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2019.101380
Abstract: Abstract In this paper, we revisit the information spillover produced by analyst recommendations in the context of IPOs in China. Contrary to the contagion effect documented in the previous literature, we find a competitive effect,… read more here.
Keywords: analyst; recommendations matter; matter rival; ipo stocks ... See more keywords
The Consequences to Analyst Involvement in the IPO Process: Evidence Surrounding the JOBS Act
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Accounting and Economics"
DOI: 10.1016/j.jacceco.2017.12.001
Abstract: We provide evidence that pre-IPO analyst communications are an important determinant of analyst behavior. Analysts permitted to increase pre-IPO communications with investors, bankers, and company management through the JOBS Act issue reports that are more… read more here.
Keywords: ipo; ipo communications; analyst; evidence ... See more keywords
Does Competition Induce Analyst Effort? Evidence from a Natural Experiment of Broker Mergers
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DOI: 10.1016/j.jbankfin.2020.105914
Abstract: Abstract Hong and Kacperczyk (2010) document that decreases in analyst competition due to broker mergers encourage analysts to please managers, leading to greater consensus optimism bias. We propose three additional effects of analyst competition. The… read more here.
Keywords: competition; analyst effort; analyst; broker mergers ... See more keywords
Analysts to the rescue?
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2019.01.005
Abstract: Abstract In this study we use the SEC's decision to eliminate the reconciliation requirement for cross-listed companies to examine whether this loss of information prompted financial analysts to provide more informative research reports. We first… read more here.
Keywords: analysts rescue; analyst; informativeness; regulated firms ... See more keywords
Sell-side analyst heterogeneity and insider trading
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2020.101778
Abstract: Abstract This study explores insider trading patterns under different earnings surprises. After controlling for stock market liquidity and earnings announcements returns, we show that insiders sell more aggressively depending on the heterogeneity of analysts whose… read more here.
Keywords: insider trading; analyst; heterogeneity; trading ... See more keywords
Doing Good in Periods of High Uncertainty: Economic Policy Uncertainty, Corporate Social Responsibility, and Analyst Forecast Error
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Financial Stability"
DOI: 10.1016/j.jfs.2021.100919
Abstract: Abstract We investigate the behavior of analyst earnings forecast error in response to policy uncertainty. We find that the accuracy of analyst forecasts is compromised at times of increased economic policy uncertainty, when market volatility… read more here.
Keywords: analyst; csr; forecast error; uncertainty ... See more keywords
Auger Electron Spectroscopy (AES): A Versatile Microanalysis Technique in the Analyst's Toolbox
Sign Up to like & getrecommendations! Published in 2020 at "Microscopy and Microanalysis"
DOI: 10.1017/s143192762001853x
Abstract: In order to determine the usefulness of an analytical technique and to differentiate it from other technique options for a given application, several criteria are important. These criteria include spatial resolution (lateral vs. depth; imaging… read more here.
Keywords: auger electron; spectroscopy; analyst; microanalysis ... See more keywords
I Can’t Think: Past Trauma in Present Time
Sign Up to like & getrecommendations! Published in 2019 at "Studies in Gender and Sexuality"
DOI: 10.1080/15240657.2019.1559507
Abstract: ABSTRACT This article examines the sociopolitical environment and how it enters the treatment room, impacting both analyst and patient. The focus is on clinical work with a patient who wears a binder and has considered… read more here.
Keywords: present time; surgery; think past; analyst ... See more keywords
THE IMPLICIT ANALYST: QUALITIES OF SALIENCE
Sign Up to like & getrecommendations! Published in 2019 at "Psychoanalysis, Self and Context"
DOI: 10.1080/24720038.2019.1596272
Abstract: More than fifty years ago, in “The Curative Factors in Psycho-Analysis,” Sacha Nacht wrote, “It is what the analyst is rather than what he says that matters” (his emphasis). This article focuses on what I… read more here.
Keywords: analyst qualities; qualities salience; implicit analyst; analyst ... See more keywords