The Integrity of Financial Analysts: Evidence from Asymmetric Responses to Earnings Surprises
This paper investigates the integrity of financial analysts by examining their recommendation responses to large quarterly earnings surprises. Although there is no significant difference in recommendation changes between affiliated and unaffiliated analysts in response to positive earnings surprises...
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
2018
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In: |
Journal of business ethics
Year: 2018, Volume: 151, Issue: 3, Pages: 761-783 |
Further subjects: | B
Analysts’ response
B Earnings surprises B conflicts of interest B Integrity |
Online Access: |
Presumably Free Access Volltext (lizenzpflichtig) |