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Social media analysts and sell-side analyst research
16 references·7 citing·42 second hop
Social media analysts and sell-side analyst research (2022)Social media analysts and sell-side analy…Disclosure processing costs, investors’ information choice, and equity market outcomes: A review (2020)Disclosure processing costs, …It Depends on Where You Search: Institutional Investor Attention and Underreaction to News (2017)It Depends on Where You Searc…Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media (2014)Wisdom of Crowds: The Value o…Measuring Readability in Financial Disclosures (2014)Measuring Readability in Fina…Inside the 'Black Box' of Sell-Side Financial Analysts (2013)Inside the 'Black Box' of Sel…The financial reporting environment: Review of the recent literature (2010)The financial reporting envir…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Determinants of the informativeness of analyst research (2006)Determinants of the informati…Trade Generation, Reputation, and Sell‐Side Analysts (2005)Trade Generation, Reputation,…Financial Analyst Characteristics and Herding Behavior in Forecasting (2005)Financial Analyst Characteris…Analyst Forecast Revisions and Market Price Discovery (2003)Analyst Forecast Revisions an…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…Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Measuring Mutual Fund Perform…Corporate Disclosure Policy and Analyst Behavior. (1996)Corporate Disclosure Policy a…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Why Do Investors Rely on Low-Quality Investment Advice? Experimental Evidence from Social Media Platforms (2024)Why Do Investors Rely on Low-…Financial Analysis on Social Media and Disclosure Processing Costs: Evidence from Seeking Alpha (2024)Financial Analysis on Social …Crypto-influencers (2024)Crypto-influencersAudit-Firm Profitability: Determinants and Implications for Audit Outcomes (2023)Audit-Firm Profitability: Det…Nondisclosure and analyst behavior: Evidence from redaction of proprietary information from public filings (2022)Nondisclosure and analyst beh…The Effect of Gender on Investors’ Judgments and Decision-Making (2021)The Effect of Gender on Inves…The Information Content of ICO White Papers (2018)The Information Content of IC…Specification Tests in Econometrics (1978)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Why Firms Voluntarily Disclose Bad News (1994)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)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 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)The Cross‐Section of Volatility and Expected Returns (2006)In Search of Attention (2011)Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)How does financial reporting quality relate to investment efficiency? (2009)When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)Textual Analysis in Accounting and Finance: A Survey (2016)The evolution of 10-K textual disclosure: Evidence from Latent Dirichlet Allocation (2017)The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)The economic implications of corporate financial reporting (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Private Interaction Between Firm Management and Sell‐Side Analysts (2013)Seeing is believing: analysts’ corporate site visits (2016)Air pollution, affect, and forecasting bias: Evidence from Chinese financial analysts (2019)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Earnings quality: Evidence from the field (2013)The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2016)Dissecting green returns (2022)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Can Twitter Help Predict Firm-Level Earnings and Stock Returns? (2017)Detection and Resolution of Rumours in Social Media (2018)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)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)Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility (2011)
this work references cited by second hop

References

  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 1997Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks2,844 cited
  • 1996Corporate Disclosure Policy and Analyst Behavior.2,743 cited
  • 2010The financial reporting environment: Review of the recent literature2,622 cited
  • 2014Measuring Readability in Financial Disclosures1,452 cited
  • 1999Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter?1,428 cited
  • 2014Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media1,249 cited
  • 1998Underwriting relationships, analysts' earnings forecasts and investment recommendations1,248 cited
  • 2013Inside the 'Black Box' of Sell-Side Financial Analysts1,218 cited
  • 2020Disclosure processing costs, investors’ information choice, and equity market outcomes: A review1,089 cited
  • 2005Financial Analyst Characteristics and Herding Behavior in Forecasting909 cited
  • 2003Analyst Forecast Revisions and Market Price Discovery772 cited
  • 2017It Depends on Where You Search: Institutional Investor Attention and Underreaction to News716 cited
  • 2005

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Trade Generation, Reputation, and Sell‐Side Analysts
714 cited
  • 2006Determinants of the informativeness of analyst research631 cited
  • Cited by

    • 2018The Information Content of ICO White Papers42 cited
    • 2024Financial Analysis on Social Media and Disclosure Processing Costs: Evidence from Seeking Alpha38 cited
    • 2021The Effect of Gender on Investors’ Judgments and Decision-Making37 cited
    • 2023Audit-Firm Profitability: Determinants and Implications for Audit Outcomes33 cited
    • 2024Crypto-influencers32 cited
    • 2024Why Do Investors Rely on Low-Quality Investment Advice? Experimental Evidence from Social Media Platforms32 cited
    • 2022Nondisclosure and analyst behavior: Evidence from redaction of proprietary information from public filings25 cited