A Breed Apart? Security Analysts and Herding Behavior
Herding behavior occurs when security analysts ignore their private opinions and issue public forecasts that mimic the earnings forecasts of others. Joining the consensus provides cover for analysts' reputations. We question the ethics of this practice when the motive to protect one's repu...
Authors: | ; |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer Science + Business Media B. V
1999
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In: |
Journal of business ethics
Year: 1999, Volume: 18, Issue: 3, Pages: 305-314 |
Further subjects: | B
practical judgment
B code of professional conduct B moral courage B security analyst ethics B herding behavior |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |