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Are Analyst Recommendations Biased? Evidence from Corporate Bankruptcies
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Are Analyst Recommendations Biased? Evidence from Corporate Bankruptcies (2005)Are Analyst Recommendations Biased? Evide…The Value of Client Access to Analyst Recommendations (2006)The Value of Client Access to…Analysts, Industries, and Price Momentum (2006)Analysts, Industries, and Pri…The timing and value of forecast and recommendation revisions (2004)The timing and value of forec…Testing Trade-Off and Pecking Order Predictions About Dividends and Debt (2002)Testing Trade-Off and Pecking…Why do firms switch underwriters? (2001)Why do firms switch underwrit…Factors affecting investment bank initial public offering market share (2000)Factors affecting investment …Testing Tradeoff and Pecking Order Predictions About Dividends and Debt (1999)Testing Tradeoff and Pecking …Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)Conflict of Interest and the …Underwriting relationships, analysts' earnings forecasts and investment recommendations (1998)Underwriting relationships, a…Do Brokerage Analysts' Recommendations Have Investment Value? (1996)Do Brokerage Analysts' Recomm…The Effect of Investment Banking Relationships on Financial Analysts' Earnings Forecasts and Investment Recommendations* (1995)The Effect of Investment Bank…Predicting Individual Analyst Earnings Forecasts (1990)Predicting Individual Analyst…Bankruptcy resolution (1990)Bankruptcy resolutionA Further Empirical Investigation of the Bankruptcy Cost Question (1984)A Further Empirical Investiga…BANKRUPTCY COSTS: SOME EVIDENCE (1977)BANKRUPTCY COSTS: SOME EVIDEN…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)FINANCIAL RATIOS, DISCRIMINAN…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)On financial contracting (1979)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)Pricing Derivatives on Financial Securities Subject to Credit Risk (1995)The theory of financial intermediation (1997)Firm characteristics and analyst following (1989)Analysts' Decisions As Products of a Multi-Task Environment (1993)Capital markets research in accounting (2001)The Geography of Equity Analysis (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Determinants of corporate borrowing (1977)Management turnover and financial distress (1989)Contagion and competitive intra-industry effects of bankruptcy announcements (1992)Do Tests of Capital Structure Theory Mean What They Say? (2007)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)Does the Stock Market Overreact? (1985)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)The Categorical Imperative: Securities Analysts and the Illegitimacy Discount (1999)Investor Psychology and Asset Pricing (2001)… and the Cross-Section of Expected Returns (2015)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Capital structure choice: macroeconomic conditions and financial constraints (2003)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2006)Asset Growth and the Cross‐Section of Stock Returns (2008)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)Troubled debt restructurings (1990)Why Firms Use Currency Derivatives (1997)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Managerial incentives and risk-taking☆ (2005)How does financial reporting quality relate to investment efficiency? (2009)Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility (2011)Market Timing and Capital Structure (2002)CEO Overconfidence and Corporate Investment (2005)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)
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References

  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 2002Testing Trade-Off and Pecking Order Predictions About Dividends and Debt3,396 cited
  • 1996Do Brokerage Analysts' Recommendations Have Investment Value?1,916 cited
  • 1999Conflict of Interest and the Credibility of Underwriter Analyst Recommendations1,549 cited
  • 1998Underwriting relationships, analysts' earnings forecasts and investment recommendations1,248 cited
  • 1999Testing Tradeoff and Pecking Order Predictions About Dividends and Debt1,140 cited
  • 1977BANKRUPTCY COSTS: SOME EVIDENCE1,096 cited
  • 1984A Further Empirical Investigation of the Bankruptcy Cost Question1,009 cited
  • 1990Bankruptcy resolution705 cited
  • 1995The Effect of Investment Banking Relationships on Financial Analysts' Earnings Forecasts and Investment Recommendations*664 cited
  • 2001Why do firms switch underwriters?503 cited
  • 2004The timing and value of forecast and recommendation revisions429 cited
  • 2006Analysts, Industries, and Price Momentum409 cited
  • 2000Factors affecting investment bank initial public offering market share315 cited
  • 1990Predicting Individual Analyst Earnings Forecasts

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249 cited
  • 2006The Value of Client Access to Analyst Recommendations244 cited
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