Before an analyst becomes an analyst: Does industry experience matter?
Using hand‐collected biographical information on financial analysts from 1983 to 2011, we
find that analysts making forecasts on firms in industries related to their preanalyst …
find that analysts making forecasts on firms in industries related to their preanalyst …
Analyst career concerns, effort allocation, and firms' information environment
Analysts strategically allocate more effort to portfolio firms that are relatively more important
to their careers. Thus, the other firms the analysts cover indirectly affect a firm's information …
to their careers. Thus, the other firms the analysts cover indirectly affect a firm's information …
Do earnings estimates add value to sell-side analysts' investment recommendations?
Sell-side analysts change their stock recommendations when their valuations differ from the
market's. These valuation differences can arise from either differences in earnings estimates …
market's. These valuation differences can arise from either differences in earnings estimates …
Financial analysts
D Bradley - Handbook of Financial Decision Making, 2023 - elgaronline.com
Financial analysts are information intermediaries that influence a host of financial actors and
policies. Their research output is widely distributed, not only to their clients but also through …
policies. Their research output is widely distributed, not only to their clients but also through …
Sell-side analysts' assessment of ESG risk
We assess whether and how financial analysts incorporate information about downside ESG
risk. Using a unique dataset on firm-day level negative ESG incidents, we find that analysts' …
risk. Using a unique dataset on firm-day level negative ESG incidents, we find that analysts' …
[HTML][HTML] Cross-industry information sharing among colleagues and analyst research
We identify a specific organizational resource in brokerage houses—information sharing
among analyst colleagues who cover economically related industries along a supply chain …
among analyst colleagues who cover economically related industries along a supply chain …
Seemingly inconsistent analyst revisions
Abstract In about 20%–30% of cases where an analyst revises two outputs (namely,
earnings estimates, target prices, or stock recommendations) simultaneously, the two …
earnings estimates, target prices, or stock recommendations) simultaneously, the two …
Outperforming the market: a comparison of Star and NonStar analysts' investment strategies and recommendations
We employ StarMine to investigate the impact of analyst recommendations on stock
performance. We test whether star-ranked analysts generate abnormal returns and …
performance. We test whether star-ranked analysts generate abnormal returns and …
The changing nature of financial analysis in the presence of ETFs
We study how the launch of an electronically traded fund (ETF) that holds firms in a specific
industry changes the behavior of analysts who follow that firms in that industry. An industry …
industry changes the behavior of analysts who follow that firms in that industry. An industry …
A Global Analysis of Universities Performance in the World Higher Education Institution Rankings
Since 2017, a large part of the educational institutions in Europe have been working on
initiatives to strategically strengthen the education platform, creating networks throughout …
initiatives to strategically strengthen the education platform, creating networks throughout …