Nothing Special   »   [go: up one dir, main page]
create a website
Do brokerage houses add value? The market impact of UK sell-side analyst recommendation changes. (2006). Taffler, Richard J ; Ryan, Paul.
In: The British Accounting Review.
RePEc:eee:bracre:v:38:y:2006:i:4:p:371-386.

Full description at Econpapers || Download paper

Cited: 16

Citations received by this document

Cites: 35

References cited by this document

Cocites: 30

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. .

    Full description at Econpapers || Download paper

  2. The performance of UK stock recommendation revisions: Does brokerage house reputation matter?. (2022). Joseph, Nathan Lael ; Zhang, Hanxiong ; Su, Chen.
    In: International Journal of Finance & Economics.
    RePEc:wly:ijfiec:v:27:y:2022:i:3:p:3051-3070.

    Full description at Econpapers || Download paper

  3. Loss sensitive investors and positively biased analysts in Hong Kong stock market. (2021). Kang, Woo-Young ; Jayasekera, Ranadeva ; Dissanaike, Gishan ; Choudhry, Taufiq ; Nnadi, Matthias.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:57:y:2021:i:4:d:10.1007_s11156-021-00980-7.

    Full description at Econpapers || Download paper

  4. Information environment – An exploration and clarification of the concept based on prior literature. (2020). Nilsson, Ola ; von Koch, Christopher ; JONNERGRD, Karin .
    In: Advances in accounting.
    RePEc:eee:advacc:v:50:y:2020:i:c:s0882611020300560.

    Full description at Econpapers || Download paper

  5. On the investment value of sell-side analyst recommendation revisions in the UK. (2019). Joseph, Nathan Lael ; Bangassa, Kenbata ; Zhang, Hanxiong ; Su, Chen.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:53:y:2019:i:1:d:10.1007_s11156-018-0749-y.

    Full description at Econpapers || Download paper

  6. Effects of managerial overconfidence on analyst recommendations. (2019). Chih, Hsiang-Lin ; Ho, Po-Hsin ; Lin, Mei-Chen.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:53:y:2019:i:1:d:10.1007_s11156-018-0743-4.

    Full description at Econpapers || Download paper

  7. The impact of analyst sentiment on UK stock recommendations and target prices. (2015). Yukselturk, Osman ; Tucker, Jon.
    In: Accounting and Business Research.
    RePEc:taf:acctbr:v:45:y:2015:i:6-7:p:869-904.

    Full description at Econpapers || Download paper

  8. Should Analysts Go by the Book? Valuation Models and Target Price Accuracy in an Emerging Market. (2015). .
    In: Global Business Review.
    RePEc:sae:globus:v:16:y:2015:i:5:p:832-844.

    Full description at Econpapers || Download paper

  9. Impacts of Conflicts of Interest in the Financial Services Industry. (2015). Yoong, Joanne K ; Garber, Steven ; Clift, Jack ; Hung, Angela ; Burke, Jeremy.
    In: Working Papers.
    RePEc:ran:wpaper:wr-1076.

    Full description at Econpapers || Download paper

  10. The information content of analyst recommendation revisions — Evidence from the Chinese stock market. (2014). Zhu, Dongming ; Lu, Liangliang ; Jiang, George J..
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:29:y:2014:i:c:p:1-17.

    Full description at Econpapers || Download paper

  11. Misperceiving the Beliefs of Others: How Pluralistic Ignorance Contributes to the Persistence of Positive Security Analyst Reactions to the Adoption of Stock Repurchase Plans. (2011). Zhu, David H ; Westphal, James D.
    In: Organization Science.
    RePEc:inm:ororsc:v:22:y:2011:i:4:p:869-886.

    Full description at Econpapers || Download paper

  12. Are analysts misleading investors? The case of goingconcern opinions. (2011). Taffler, Richard J. ; Ruben M. T. Peixinho, .
    In: CEFAGE-UE Working Papers.
    RePEc:cfe:wpcefa:2011_22.

    Full description at Econpapers || Download paper

  13. Behavioural Bias and Conflicts of Interest in Analyst Stock Recommendations. (2009). Taffler, Richard J ; Mokoalelimokoteli, Thabang ; Agarwal, Vineet.
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:36:y:2009:i:3-4:p:384-418.

    Full description at Econpapers || Download paper

  14. Behavioural Bias and Conflicts of Interest in Analyst Stock Recommendations. (2009). Taffler, Richard J. ; Agarwal, Vineet ; Mokoaleli-Mokoteli, Thabang .
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:36:y:2009-04:i:3-4:p:384-418.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Arbel, A. ; Carvell, S. ; Strebel, P. Giraffes, institutions and neglected firms. 1983 Financial Analysts Journal. 57 57-63
    Paper not yet in RePEc: Add citation now

  2. Atiase, R.K. Market implications of predisclosure information: size and exchange effects. 1987 Journal of Accounting Research. 25 68-176

  3. Atiase, R.K. Predisclosure information, firm capitalisation and security price behavior around earnings announcements. 1985 Journal of Accounting Research. 23 21-36

  4. Barber, B.M. ; Lehavy, R. ; McNichols, M. ; Trueman, B. Can investors profit from the prophets? security analyst recommendations and stock returns. 2001 Journal of Finance. 56 531-563

  5. Barber, B.M. ; Lehavy, R. ; McNichols, M. ; Trueman, B. Reassessing the returns to analysts' stock recommendations. 2003 Financial Analysts Journal. 59 88-96
    Paper not yet in RePEc: Add citation now

  6. Barber, B.M. ; Lyon, J.D. Detecting long-run abnormal stock returns: the empirical power and specification of test statistics. 1997 Journal of Financial Economics. 43 341-372

  7. Bjerring, J.H. ; Lakonishok, J. ; Vermaelan, T. Stock prices and financial analysts’ recommendations. 1983 Journal of Finance. 38 187-204

  8. Brav, A. ; Geczy, C. ; Gompers, P. Is the abnormal return following equity issuances anomalous?. 2000 Journal of Financial Economics. 56 209-249

  9. Breton, G. ; Taffler, R.J. Accounting information and analyst stock recommendation decisions: a content analysis approach. 2001 Accounting and Business Research. 31 91-101

  10. Chan, L. ; Jegadeesh, N. ; Lakonishok, J. Momentum strategies. 1996 Journal of Finance. 51 1681-1713

  11. Desai, H. ; Liang, B. ; Singh, A. Do all stars shine? evaluation of analyst recommendations. 2000 Financial Analysts Journal. 20-29
    Paper not yet in RePEc: Add citation now

  12. Dimson, E. ; Fraletti, P. Brokers’ recommendations: the value of a telephone tip. 1986 The Economic Journal. 96 139-159

  13. Dugar, A. ; Nathan, S. The effects of investment banking relationships on financial analysts’ earnings forecasts and investment recommendations. 1995 Contemporary Accounting Research. 12 131-160

  14. Elton, E.J. ; Gruber, M. ; Grossman, S. Discrete expectational data and portfolio performance. 1986 Journal of Finance. 41 699-713

  15. Fama, E. Market efficiency, long-term returns, and behavioral finance. 1998 Journal of Financial Economics. 49 283-306

  16. Financial Services Authority, 2002. ‘investment research: conflicts and other issues. Discussion Paper 15, July, FSA, 47pp.
    Paper not yet in RePEc: Add citation now
  17. Financial Services Authority, 2003a. Conflicts of interest: investment research and issues of securities. Consultation Paper 171, February, FSA, 86pp.
    Paper not yet in RePEc: Add citation now
  18. Financial Services Authority, 2003b. Conflicts of interest: investment research and issues of securities. Consultation Paper 205, October, FSA, 105pp.
    Paper not yet in RePEc: Add citation now

  19. Francis, J. ; Philbrick, D. Analysts’ decisions as products of a multi-task environment. 1993 Journal of Accounting Research. 31 216-230

  20. Francis, J. ; Soffer, L. The relative informativeness of analysts’ stock recommendations and earnings forecast revisions. 1997 Journal of Accounting Research. 35 193-201

  21. Freeman, R.N. The association between accounting earnings and security returns for large and small firms. 1987 Journal of Accounting and Economics. 9 195-228

  22. Grant, E.B. Market implications of differential amounts of interim information. 1980 Journal of Accounting Research. 18 255-268

  23. Groth, J.C. ; Lewellen, W.D. ; Schlarbaum, G.G. ; Lease, R.C. An analysis of brokerage house securities recommendations. 1979 Financial Analysts Journal. 35 32-40
    Paper not yet in RePEc: Add citation now
  24. Haugen, R.A. The New Finance: The Case Against Efficient Markets. 1999 Prentice-Hall: Upper Saddle River, NJ
    Paper not yet in RePEc: Add citation now
  25. Ho, M.J. ; Harris, R.S. Market reactions to messages from brokerage ratings systems. 1998 Financial Analysts Journal. 54 49-57
    Paper not yet in RePEc: Add citation now

  26. Holland, J. Private voluntary disclosure, financial intermediation and market efficiency. 1998 Journal of Business Finance and Accounting. 25 29-68

  27. Hong, H. ; Lim, T. ; Stein, J. Bad news travels slowly: analyst coverage and the profitability of momentum strategies. 2000 Journal of Finance. 55 265-295

  28. Jegadeesh, N. ; Titman, S. Returns to buying winners and selling losers: implications for stock market efficiency. 1993 Journal of Finance. 48 65-91

  29. Lyon, J.D. ; Barber, B.M. ; Tsai, C.L. Improved methods for tests of long-run abnormal stock returns. 1999 Journal of Finance. 54 165-201

  30. McNichols, M. ; O’Brien, P.C. Self-selection and analyst coverage. 1997 Journal of Accounting Research. 35 167-199

  31. O’Brien, P.C. ; Bhushan, R. Analyst following and institutional ownership. 1990 Journal of Accounting Research. 28 55-76

  32. Shefrin, H. Beyond Greed and Fear. 2000 Harvard Business School Press: Boston, MA
    Paper not yet in RePEc: Add citation now

  33. Stickel, S.E. Reputation and performance among security analysts. 1992 Journal of Finance. 47 1811-1836

  34. Stickel, S.E. The anatomy of the performance of buy and sell recommendations. 1995 Financial Analysts Journal. 51 25-39
    Paper not yet in RePEc: Add citation now

  35. Womack, K. Do brokerage analysts’ recommendations have investment value?. 1996 Journal of Finance. 51 137-167

Cocites

Documents in RePEc which have cited the same bibliography

  1. Does options trading deter real activities manipulation?. (2023). Rezaee, Zabihollah ; Hosseinniakani, Mahmoud ; Delshadi, Mahmoud.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:61:y:2023:i:2:d:10.1007_s11156-023-01162-3.

    Full description at Econpapers || Download paper

  2. The Substitution Effect of Chinese Anti-Corruption “Alcohol Ban”. (2022). Xiao, Youzhi ; Ma, Yiyuan.
    In: Sustainability.
    RePEc:gam:jsusta:v:14:y:2022:i:12:p:7434-:d:841450.

    Full description at Econpapers || Download paper

  3. Market response to stock exchange listing deficiency notices: Evidence from Nasdaq. (2022). Guragai, Binod.
    In: Advances in accounting.
    RePEc:eee:advacc:v:59:y:2022:i:c:s0882611022000359.

    Full description at Econpapers || Download paper

  4. Financial versus strategic bidders and underpricing as an acquisition motive. (2022). Zhang, Xiqian ; Salva, Carolina.
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:49:y:2022:i:9-10:p:1830-1862.

    Full description at Econpapers || Download paper

  5. Commemorating the 50‐Year Anniversary of Ball and Brown (1968): The Evolution of Capital Market Research over the Past 50 Years. (2019). Kothari, S P ; Wasley, Charles.
    In: Journal of Accounting Research.
    RePEc:bla:joares:v:57:y:2019:i:5:p:1117-1159.

    Full description at Econpapers || Download paper

  6. Reporting order of financial statements in SEC filings: Evidence from 10-K filings of S&P 500 entities. (2017). Barua, Abhijit ; Kim, Jung Hoon.
    In: Research in Accounting Regulation.
    RePEc:eee:reacre:v:29:y:2017:i:2:p:167-171.

    Full description at Econpapers || Download paper

  7. The informational role of thin options markets: Empirical evidence from the Spanish case. (2016). Piqueras, Begoa Herrero ; Ibaez, Ana Maria ; Garcia, Jose C.
    In: Estudios de Economia.
    RePEc:udc:esteco:v:43:y:2016:i:2:p:233-263.

    Full description at Econpapers || Download paper

  8. Does the XBRL Reporting Format Provide Incremental Information Value? A Study Using XBRL Disclosures During the Voluntary Filing Program. (2016). Subramaniam, Chandra ; Park, Jin Dong.
    In: Abacus.
    RePEc:bla:abacus:v:52:y:2016:i:2:p:259-285.

    Full description at Econpapers || Download paper

  9. Selective Disclosure Associated with Institutional Investors: Evidence Based on Chinese Stock Market. (2015). Luo, Ting ; Xiao, Zhiguo.
    In: Annals of Economics and Finance.
    RePEc:cuf:journl:y:2015:v:16:i:2:luo.

    Full description at Econpapers || Download paper

  10. Searching for value relevance of book value and earnings: a case of premium versus discount firms. (2013). Aleksanyan, Mark ; Karim, Khondkar.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:41:y:2013:i:3:p:489-511.

    Full description at Econpapers || Download paper

  11. Dissecting Earnings Recognition Timeliness. (2013). BALL, RYAN T. ; Easton, Peter.
    In: Journal of Accounting Research.
    RePEc:bla:joares:v:51:y:2013:i:5:p:1099-1132.

    Full description at Econpapers || Download paper

  12. The Effects of a Change in Market Abuse Regulation on Abnormal Returns and Volumes: Evidence from the Amsterdam Stock Market. (2010). ter Weel, Bas.
    In: De Economist.
    RePEc:kap:decono:v:158:y:2010:i:3:p:237-293.

    Full description at Econpapers || Download paper

  13. The value impact of analyst coverage. (2010). Sayrak, Akin .
    In: Review of Accounting and Finance.
    RePEc:eme:rafpps:v:9:y:2010:i:3:p:306-331.

    Full description at Econpapers || Download paper

  14. The effects of a change in market abuse regulation on abnormal returns and volumes: Evidence from the Amsterdam stock market. (2010). van der Wiel, Henry ; Henry van der Wiel, .
    In: CPB Discussion Paper.
    RePEc:cpb:discus:154.rdf.

    Full description at Econpapers || Download paper

  15. The Frequency of Financial Analysts Forecast Revisions: Theory and Evidence about Determinants of Demand for Predisclosure Information. (2008). Stuerke, Pamela S ; Holden, Craig W.
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:35:y:2008:i:7-8:p:860-888.

    Full description at Econpapers || Download paper

  16. The Frequency of Financial Analysts Forecast Revisions: Theory and Evidence about Determinants of Demand for Predisclosure Information. (2008). Holden, Craig W. ; Stuerke, Pamela S..
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:35:y:2008-09:i:7-8:p:860-888.

    Full description at Econpapers || Download paper

  17. The merits and economic consequences of reputation : Three essays. (2007). Hollander, S..
    In: Other publications TiSEM.
    RePEc:tiu:tiutis:d9932a90-7aac-4b23-bf99-6ddafef9f6ac.

    Full description at Econpapers || Download paper

  18. Partial acquisitions, the acquisition probability hypothesis, and the abnormal returns to partial targets. (2007). Akhigbe, Aigbe ; Whyte, Ann Marie ; Martin, Anna D..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:31:y:2007:i:10:p:3080-3101.

    Full description at Econpapers || Download paper

  19. The impact of regulation Fair Disclosure on investors prior information quality -- Evidence from an analysis of changes in trading volume and stock price reactions to earnings announcements. (2007). Ahmed, Anwer S. ; Schneible, Richard A..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:2-3:p:282-299.

    Full description at Econpapers || Download paper

  20. Do brokerage houses add value? The market impact of UK sell-side analyst recommendation changes. (2006). Taffler, Richard J ; Ryan, Paul.
    In: The British Accounting Review.
    RePEc:eee:bracre:v:38:y:2006:i:4:p:371-386.

    Full description at Econpapers || Download paper

  21. Public Predisclosure Information, Firm Size, Analyst Following, and Market Reactions to Earnings Announcements. (2004). Smith, Toni Q ; Christensen, Theodore E ; Stuerke, Pamela S.
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:31:y:2004:i:7-8:p:951-984.

    Full description at Econpapers || Download paper

  22. Accuracy, usefulness and the evaluation of analysts forecasts. (2003). Mozes, Haim A..
    In: International Journal of Forecasting.
    RePEc:eee:intfor:v:19:y:2003:i:3:p:417-434.

    Full description at Econpapers || Download paper

  23. The differential information hypothesis, firm size, and earnings information transfer: An empirical investigation. (2001). Mishra, Birendra K. ; Asthana, Sharad C..
    In: Journal of Business Research.
    RePEc:eee:jbrese:v:53:y:2001:i:1:p:37-47.

    Full description at Econpapers || Download paper

  24. The Comprehensiveness of Cash Flow Reporting in the United Kingdom: Some Characteristics and Firm-specific Determinants. (1999). Adhikari, Ajay ; Wallace, R. S. Olusegun, ; Choudhury, Mohammed S. I., .
    In: The International Journal of Accounting.
    RePEc:eee:accoun:v:34:y:1999:i:3:p:311-347.

    Full description at Econpapers || Download paper

  25. Information Conveyed in Announcements of Analyst Coverage*. (1998). Pagach, Donald P ; Guffey, Daryl M ; Branson, Bruce C.
    In: Contemporary Accounting Research.
    RePEc:wly:coacre:v:15:y:1998:i:2:p:119-143.

    Full description at Econpapers || Download paper

  26. Explanatory factors for trading volume responses to annual earnings announcements: Evidence from the Korean stock market. (1998). Choe, Chongwoo ; Choi, Jong-Seo .
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:6:y:1998:i:1-2:p:193-212.

    Full description at Econpapers || Download paper

  27. Influential accounting articles, individuals, Ph.D. granting institutions and faculties: A citational analysis. (1996). Brown, Lawrence D..
    In: Accounting, Organizations and Society.
    RePEc:eee:aosoci:v:21:y:1996:i:7-8:p:723-754.

    Full description at Econpapers || Download paper

  28. Event studies based on volatility of returns and trading volume: A review. (1992). Yadav, Pradeep K.
    In: The British Accounting Review.
    RePEc:eee:bracre:v:24:y:1992:i:2:p:157-184.

    Full description at Econpapers || Download paper

  29. Timeliness of financial reporting, the firm size effect, and stock price reactions to annual earnings announcements*. (1989). Tse, Senyo ; Bamber, Linda S ; Atiase, Rowland K.
    In: Contemporary Accounting Research.
    RePEc:wly:coacre:v:5:y:1989:i:2:p:526-552.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-25 20:53:16 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.