Customer Satisfaction, Analyst Stock Recommendations, and Firm Value
By Xueming Luo, Christian Homburg, J. Wieseke. 2010
219 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/436390c92b8869cff759691f02128f3d71ef5c71
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Marko Sarstedt
- Sascha Raithel
- Peter C. Verhoef
- Jenny van Doorn
- Sander F. M. Beckers
- Sebastian Scharf
- Manfred Schwaiger
- Christian Homburg
In Finance
- Wenjing Duan
- Jie Jennifer Zhang
- Christian Homburg
- P. D. Jong
- Sascha Raithel
- Marko Sarstedt
- Manfred Schwaiger
- Sebastian Scharf
Citations in the corpus
- Social Media and Firm Equity Value (2013, background): “…spend considerably more time and effort in social media interactions (i.e., writing reviews and posting blogs) presumably have higher brand commitment and loy-alty, thereby contributing more to firm equity value (Gupta et al. 2004, Fornell et al. 2006, Luo et al. 2010, Tirunillai and Tellis 2012).”
- Does advertising spending really work? The intermediate role of analysts in the impact of advertising on firm value (2010, background): “Indeed, stock analysts are industry experts who gather and analyze public or private information about a firm and disclose the information to investors (Barth et al. 2001; Ivkovic and Jegadeesh 2004; Luo et al. 2010).”
- Good, better, engaged? The effect of company-initiated customer engagement behavior on shareholder value (2018, background): “Recent literature demonstrates that shareholders indeed react to new marketing activities, such as announcements of celebrity endorsements and changes in customer satisfaction (Agrawal and Kamakura 1995; Luo et al. 2010; Srinivasan and Hanssens 2009).”
- On the value relevance of customer satisfaction. Multiple drivers and multiple markets (2012, background): “Despite the importance of evaluating these contemporaneous reactions by investors, very few studies actually explore this effect (Aaker and Jacobson 1994; Jacobson and Mizik 2009c; Luo et al. 2010; Srinivasan et al. 2009).”
- Corporate Social Performance, Analyst Stock Recommendations, and Firm Future Returns (2015, unknown): “While previous studies have examined the role of analysts in reducing information asymmetry associated with other firm intangibles such as research and development and customer satisfaction (e.g., Kimbrough, 2007; Luo et al., 2010), few empirical analyses link firm CSP to security analysts (Dhaliwal”
- Firm Value Creation through Major Channel Expansions: Evidence from an Event Study in the United States, Germany, and China (2014, background): “B2B firm Dummy for B2B company (1) or B2C company (0) Compustat Srinivasan, Lilien, and Sridhar (2011) Event year Dummy for 2000–2010 (reference category: 2000) LexisNexis and Factiva Industry dummies Dummy variables according to the four-digit SIC code Compustat Barth, Cram, and Nelson (2001)”