SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
The characteristics of individual analysts’ forecasts in Europe
16 references·16 citing·45 second hopsampled
The characteristics of individual analysts’ forecasts in Europe (2003)The characteristics of individual analyst…Econometric Analysis of Panel Data (2021)Econometric Analysis of Panel…Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts (2003)Analyzing the Analysts: Caree…The Geography of Investment: Informed Trading and Asset Prices (2001)The Geography of Investment: …Rationality and Analysts' Forecast Bias (2001)Rationality and Analysts' For…Middle‐Status Conformity: Theoretical Restatement and Empirical Demonstration in Two Markets (2001)Middle‐Status Conformity: The…The effect of international institutional factors on properties of accounting earnings (2000)The effect of international i…Security Analysts' Career Concerns and Herding of Earnings Forecasts (2000)Security Analysts' Career Con…CEO stock option awards and the timing of corporate voluntary disclosures (2000)CEO stock option awards and t…Managerial Incentive Problems: A Dynamic Perspective (1999)Managerial Incentive Problems…Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)Conflict of Interest and the …Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter? (1999)Analyst forecast accuracy: Do…Underwriting relationships, analysts' earnings forecasts and investment recommendations (1998)Underwriting relationships, a…Do Security Analysts Improve Their Performance with Experience? (1997)Do Security Analysts Improve …Reputation and Performance Among Security Analysts (1992)Reputation and Performance Am…Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design (1991)Multitask Principal–Agent Ana…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Can ChatGPT reduce human financial analysts’ optimistic biases? (2023)Can ChatGPT reduce human fina…The informativeness of impression management − financial analysts and rhetorical style of CEO letters (2019)The informativeness of impres…Analyst Forecast Accuracy and Earnings Management (2018)Analyst Forecast Accuracy and…Corporate Innovation Strategy, Analyst Forecasting Activities and the Economic Consequences (2017)Corporate Innovation Strategy…News Dissemination and Investor Attention (2016)News Dissemination and Invest…The Effect of Media Competition on Analyst Forecast Properties: Cross-Country Evidence (2014)The Effect of Media Competiti…The Effect of Conference Calls on Analysts' Forecasts – German Evidence (2013)The Effect of Conference Call…Bank Earnings Forecasts, Risk and the Crisis (2011)Bank Earnings Forecasts, Risk…Forecast accuracy and stock recommendations (2010)Forecast accuracy and stock r…Determinants of sell‐side financial analysts’ use of non‐financial information (2010)Determinants of sell‐side fin…Security Analyst Networks, Performance and Career Outcomes (2009)Security Analyst Networks, Pe…Influences on financial analyst forecast errors: A meta-analysis (2006)Influences on financial analy…Analysts’ Earnings Forecasts for DAX100 Firms During the Stock Market Boom of the 1990s (2005)Analysts’ Earnings Forecasts …Local Analyst Earnings Forecast Advantages in Europe (2004)Local Analyst Earnings Foreca…Valuation Using Multiples. How Do Analysts Reach their Conclusions? (2002)Valuation Using Multiples. Ho…Are Practitioners Right? On the Relative Importance of Industrial Factors in International Stock Returns (2002)Are Practitioners Right? On t…Econometric Models for Count Data with an Application to the Patents-R&D Relationship (1984)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Pooled Mean Group Estimation of Dynamic Heterogeneous Panels (1999)Econometric Analysis of Cross Section and Panel Data (2001)Introductory Econometrics for Finance (2008)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)How Distance, Language, and Culture Influence Stockholdings and Trades (2001)The determinants of cross-border equity flows (2004)Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)The Long‐Run Performance of initial Public Offerings (1991)Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking (1993)Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Herd Behavior in Financial Markets (2000)Stock price reaction to news and no-news: drift and reversal after headlines (2003)Analyzing the Analysts: When Do Recommendations Add Value? (2004)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Moral Hazard and Observability (1979)Agency Problems and the Theory of the Firm (1980)Risk Taking by Mutual Funds as a Response to Incentives (1997)The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms (2003)Competition and Innovation: An Inverted U Relationship (2008)Performance Pay and Top-Management Incentives (1990)Good Day Sunshine: Stock Returns and the Weather (2003)Why Has IPO Underpricing Changed Over Time (2004)Who Blows the Whistle on Corporate Fraud? (2010)The Nature of the Firm (1937)The choice of organizational form The case of franchising (1987)The Economic Institutions of Capitalism (1987)Fairness and Retaliation: The Economics of Reciprocity (2000)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Intrinsic and Extrinsic Motivation (2003)An Empirical Evaluation of Accounting Income Numbers (1968)Legal Determinants of External Finance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Earnings management and investor protection: an international comparison (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Capital markets research in accounting (2001)The Influence of Analysts, Institutional Investors, and Insiders on the Incorporation of Market, Industry, and Firm-Specific Information into Stock Prices (2004)Inside the 'Black Box' of Sell-Side Financial Analysts (2013)Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility (2011)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 2021Econometric Analysis of Panel Data15,089 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1991Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design6,042 cited
  • 2000The effect of international institutional factors on properties of accounting earnings3,198 cited
  • 1999Managerial Incentive Problems: A Dynamic Perspective3,169 cited
  • 2001The Geography of Investment: Informed Trading and Asset Prices2,004 cited
  • 1999Conflict of Interest and the Credibility of Underwriter Analyst Recommendations1,549 cited
  • 2003Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts1,471 cited
  • 1999Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter?1,428 cited
  • 1998Underwriting relationships, analysts' earnings forecasts and investment recommendations1,248 cited
  • 2000Security Analysts' Career Concerns and Herding of Earnings Forecasts1,152 cited
  • 2000CEO stock option awards and the timing of corporate voluntary disclosures1,053 cited
  • 2001Rationality and Analysts' Forecast Bias1,012 cited
  • 1992Reputation and Performance Among Security Analysts980 cited
  • 2001Middle‐Status Conformity: Theoretical Restatement and Empirical Demonstration in Two Markets

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

847 cited
  • 1997Do Security Analysts Improve Their Performance with Experience?737 cited
  • Cited by

    • 2002Valuation Using Multiples. How Do Analysts Reach their Conclusions?81 cited
    • 2010Determinants of sell‐side financial analysts’ use of non‐financial information71 cited
    • 2010Forecast accuracy and stock recommendations58 cited
    • 2017Corporate Innovation Strategy, Analyst Forecasting Activities and the Economic Consequences52 cited
    • 2006Influences on financial analyst forecast errors: A meta-analysis45 cited
    • 2019The informativeness of impression management − financial analysts and rhetorical style of CEO letters41 cited
    • 2016News Dissemination and Investor Attention40 cited
    • 2013The Effect of Conference Calls on Analysts' Forecasts – German Evidence35 cited
    • 2023Can ChatGPT reduce human financial analysts’ optimistic biases?34 cited
    • 2004Local Analyst Earnings Forecast Advantages in Europe33 cited
    • 2014The Effect of Media Competition on Analyst Forecast Properties: Cross-Country Evidence29 cited
    • 2002Are Practitioners Right? On the Relative Importance of Industrial Factors in International Stock Returns29 cited
    • 2009Security Analyst Networks, Performance and Career Outcomes24 cited
    • 2011Bank Earnings Forecasts, Risk and the Crisis22 cited
    • 2005Analysts’ Earnings Forecasts for DAX100 Firms During the Stock Market Boom of the 1990s19 cited
    • 2018Analyst Forecast Accuracy and Earnings Management18 cited