Reassessing the Returns to Analysts' Stock Recommendations

By Brad M. Barber, Reuven Lehavy, Maureen F. McNichols, Brett Trueman. 2003

157 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/cf22917d5cbecb77dce9d13b1a609fec831251dc

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. John R. Krainer
2. Han Hong
3. Patrick Bajari

In Strategy and Management

1. Patrick Bajari
2. Han Hong
3. Denis Nekipelov

Citations in the corpus

• Management Earnings Forecasts: A Review and Framework (2008, unknown): “Barber et al. ͑2001, 2003͒ report that the number of firms followed by analysts rose from 1,841 in 1986 to 5,786 in 2001.”
• Customer Satisfaction, Analyst Stock Recommendations, and Firm Value (2010, unknown): “Barber et al. 2003 !”
• Estimating Static Models of Strategic Interactions (2010, background): “The remarkably poor performance of the analysts during this time naturally led to questions that the recommendations were tainted by agency problems (see Barber et al. 2003).”
• Do Analysts Practice What They Preach and Should Investors Listen? Effects of Recent Regulations (2009, unknown): “4 Other recent studies find mixed results on the usefulness of stock recommendations (Womack 1996; Barber et al. 2001, 2003; Mikhail et al. 2004; Li 2005; Gleason et al. 2007).”