Terrorist attacks, analyst sentiment, and earnings forecasts

C Cuculiza, C Antoniou, A Kumar… - Management …, 2021 - pubsonline.informs.org
We examine whether exogenous and extremely negative events, such as terrorist attacks
and mass shootings, influence the sentiment and forecasts of sell-side equity analysts. We …

Political contributions and analyst behavior

D Jiang, A Kumar, KKF Law - Review of Accounting Studies, 2016 - Springer
We show that the personal traits of analysts, as revealed by their political donations,
influence their forecasting behavior and stock prices. Analysts who contribute primarily to the …

女性分析师关注与股价同步性

伊志宏, 李颖, 江轩宇 - 金融研究, 2015 - jryj.org.cn
摘要本文利用2003-2012 年中国A 股上市公司数据, 研究女性分析师关注对上市公司股价同步性
的影响. 研究发现: 与男性相比,(1) 女性分析师关注与股价同步性的负向关系更显著;(2) …

Investor demand for sell-side research

A Lawrence, JP Ryans, EY Sun - The Accounting Review, 2017 - publications.aaahq.org
We use daily page views of analyst estimates, ratings, and target prices on Yahoo Finance
to understand when users seek sell-side analyst research. Demand for this information is …

Individual analysts, stock return synchronicity and information efficiency

J Hou, S Zhao, H Yang - International Review of Financial Analysis, 2020 - Elsevier
To shed light on whether and how effective are analysts as information intermediaries, we
construct the information efficiency indicator and investigate the information performance of …

Tenure of independent directors and analysts following: Moderating role of institutional ownership

CS Fun, NS Abdul Wahab, TW Ling… - Cogent Business & …, 2023 - Taylor & Francis
This study examines the impact of tenure of independent directors on analyst following, and
the moderating role of institutional ownership between tenure of independent directors and …

Entrepreneurial Emotional Bias from Mass Shootings: Evidence from Kickstarter

H Mun, Y Kim, Y Ceran, CH Lee - Information & Management, 2024 - Elsevier
This study examines the impact of emotional bias on entrepreneurial decisions in
crowdfunding platforms, specifically considering the impact of mass shootings as exogenous …

Do opinions on financial misstatement firms affect analysts' reputation with investors? Evidence from reputational spillovers

LF Lee, AK Lo - Journal of Accounting Research, 2016 - Wiley Online Library
We examine whether opinions on firms subsequently revealed to have misstated earnings
affect analysts' reputation with investors. We find that positive opinions by bullish analysts …

Confirmation bias in analysts' response to consensus forecasts

H Cai, T Yao, X Zhang - Journal of Behavioral Finance, 2024 - Taylor & Francis
This paper provides evidence of confirmation bias by sell-side analysts in their earnings
forecasts. We show that analysts tend to put higher weight on public information when the …

Climate change, analyst forecasts, and market behavior

C Cuculiza, A Kumar, W Xin… - Analyst Forecasts, and …, 2021 - papers.ssrn.com
This study examines whether sell-side equity analysts help the market assimilate information
contained in global climate change. Using a new measure of firm sensitivity to climate …