Is sell-side research more valuable in bad times?
Because uncertainty is high in bad times, investors find it harder to assess firm prospects and, hence, should value analyst output more. However, higher uncertainty makes analysts’ tasks harder so it is unclear if analyst output is more valuable in bad times. We find that, in bad times, analyst rev...
محفوظ في:
| المؤلفون الرئيسيون: | , |
|---|---|
| التنسيق: | text |
| اللغة: | English |
| منشور في: |
Institutional Knowledge at Singapore Management University
2018
|
| الموضوعات: | |
| الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/lkcsb_research/5143 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6142/viewcontent/SSRN_id2368329_newPrePublicationVersion2.pdf https://ink.library.smu.edu.sg/context/lkcsb_research/article/6142/filename/0/type/additional/viewcontent/Internet_Appendix_LohStulz_Mar2017.pdf |
| الوسوم: |
إضافة وسم
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
|