期刊文献+

声誉提升抑或利益结盟:关联证券分析师实地调研动因研究 被引量:21

原文传递
导出
摘要 本文研究发现,与上市公司利益结盟是关联证券分析师参与实地调研的主要动因。具体来说,关联证券分析师实地调研公司后,发布研究报告的盈余预测准确度下降,盈余预测乐观度提升和发布评级跟随度下降;在纪要披露更为详细的关联调研中,关联证券分析师发布报告的盈余预测准确性会进一步下降,盈余预测乐观度进一步提升和发布评级跟随度进一步下降。
作者 唐松莲 陈伟
出处 《管理世界》 CSSCI 北大核心 2017年第9期178-179,共2页 Journal of Management World
基金 国家自然科学基金(71672059 71262025) 上海市浦江人才计划(16PJC20) 中央高校基本科研业务费专项资金的资助
  • 相关文献

参考文献1

二级参考文献27

  • 1胡奕明,金洪飞.证券分析师关注自己的声誉吗?[J].世界经济,2006,29(2):71-81. 被引量:36
  • 2Barber, B. ;Lehavy, R. ;McNichlos, M. and Trueman, B. "Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns. "Journal of Finance, 2001, 56 (2), pp. 531-563.
  • 3Bhattacharya, U. ;Daouk, H. and Welker, M. "The World Price of Earnings Opacity. "The Accounting Re- v/ew, 2003, 78 (3), pp.641-678.
  • 4Bradshaw, M. "Analysts' Forecasts: What Do We Know After Decades of Work?" Boston College Working pa- per, 2011.
  • 5Bradshaw, M. ; Drake, M. ; Myers, J. and Myers, L. "A Re-examination of Analysts' Superiority of Time Series Forecasts of Annum Earnings. "Review of Accounting Studies, 2012, 17 (4), pp. 944-968.
  • 6Brown, L. ; Griffin, P. ; Hagerman, L. and Zmijewski, M. "Security Analyst Superiority Relative to Unwanted Time-series Models in Forecasting. "Journal of Accounting and Economics, 1957, 9 (1), pp. 61-85.
  • 7Bowen, R. ; Davis, A. and Matsumoto, D. "Accounting Choice, Home Bias, and U.S. Investment in Non- U.S. Firms. "Journal of Accounting Research, 2002, 42 (5) , pp. 795-841.
  • 8Bushee, B. ; Matsumoto, D. and Miller, G. "Open Versus Closed Conference Calls: The Determinants and Effects of Broadening Access to Disclosure. "Journal of Accounting and Economics, 2003, 34(1-3), pp. 149-180.
  • 9Bushee, B. ; Jung, M. and Miller, G. "Conference Presentations and Selective Access to Disclosure. "Journal of Accounting Research, 2011, 49 (5), pp. 1163-1192.
  • 10Clement, B. "Analyst Forecast Accuracy: Do Ability, Resources and Portfolio Complexity Matter?" Journal ofAccounting and Economics, 1999, 27 (3), pp. 285-303.

共引文献145

同被引文献352

引证文献21

二级引证文献108

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部