Disclosure processing costs, investors' information choice, and equity market outcomes: A review

E Blankespoor, E deHaan, I Marinovic - Journal of Accounting and …, 2020 - Elsevier
This paper reviews the literature examining how costs of monitoring for, acquiring, and
analyzing firm disclosures–collectively,“disclosure processing costs”–affect investor …

Human versus machine: A comparison of robo-analyst and traditional research analyst investment recommendations

B Coleman, K Merkley, J Pacelli - The Accounting Review, 2022 - publications.aaahq.org
We provide the first comprehensive analysis of the properties of investment
recommendations generated by “Robo-Analysts,” which are human analyst-assisted …

Just a short-lived glory? The effect of China's anti-corruption on the accuracy of analyst earnings forecasts

Q Hou, W Li, M Teng, M Hu - Journal of Corporate Finance, 2022 - Elsevier
Using a quasi-natural experiment based on the introduction of Rule 18, a key component of
China's anti-corruption campaign, this paper finds that the accuracy of analysts' earnings …

Cater to thy client: Analyst responsiveness to institutional investor attention

PC Chiu, B Lourie, A Nekrasov… - Management …, 2021 - pubsonline.informs.org
We study how institutional investor attention to a firm affects the timeliness of analysts'
forecasts for that firm. We measure abnormal institutional attention (AIA) using Bloomberg …

Limited attention and financial decision-making

A Nekrasov, SH Teoh, S Wu - Handbook of financial decision …, 2023 - elgaronline.com
In the current world of the Big Data revolution, where a vast amount of information is
available to investors, attention is a scarce resource. The time, effort, and skill required to …

Value and contrarian investment strategies: Evidence from Indian stock market

SS Jagirdar, PK Gupta - Journal of Risk and Financial Management, 2023 - mdpi.com
Value and contrarian investment strategies are two basic approaches which are widely used
by investors worldwide. Both value and contrarian investment strategies are assumed to pick …

When attention is away, analysts misplay: distraction and analyst forecast performance

T Bourveau, A Garel, P Joos, A Petit-Romec - Review of Accounting …, 2024 - Springer
We construct a distraction measure based on extreme industry returns to gauge whether
analysts' attention is away from certain stocks under coverage. We find that temporarily …