Matches in SemOpenAlex for { <https://semopenalex.org/work/W2182417167> ?p ?o ?g. }
Showing items 1 to 95 of
95
with 100 items per page.
- W2182417167 endingPage "286" @default.
- W2182417167 startingPage "257" @default.
- W2182417167 abstract "In this study, I investigate analysts’ ability to process public information for investors by examining price reactions to a sample of analysts’ recommendation revisions issued shortly after quarterly earnings announcements. I find that these recommendation revisions are used by investors to reassess the valuation implications of announced earnings. Confirmatory (contradictory) recommendation revisions that have the same (opposite) sign as prior earnings surprises can cause investors to revise their beliefs about the valuation implications of announced earnings upward (downward) and thus cause price reactions that are positively (negatively) associated with prior earnings surprises. In addition, I find that as the information complexity of earnings announcements gets higher, these recommendation revisions play a more important role in helping investors understand the valuation implications of announced earnings. Finally, I find that analysts’ ability to interpret the valuation implications of announced earnings for investors has remained at a similar level since the adoption of Regulation Fair Disclosure. Overall, this study provides additional evidence on how analysts help improve corporate information environment." @default.
- W2182417167 created "2016-06-24" @default.
- W2182417167 creator A5046643932 @default.
- W2182417167 date "2012-11-29" @default.
- W2182417167 modified "2023-09-27" @default.
- W2182417167 title "The Role of Analysts’ Recommendation Revisions in Helping Investors Understand the Valuation Implications of Announced Earnings" @default.
- W2182417167 cites W1496268815 @default.
- W2182417167 cites W1509073687 @default.
- W2182417167 cites W1966052319 @default.
- W2182417167 cites W1978078888 @default.
- W2182417167 cites W1980071985 @default.
- W2182417167 cites W1989276016 @default.
- W2182417167 cites W1990796945 @default.
- W2182417167 cites W1993981983 @default.
- W2182417167 cites W2013321678 @default.
- W2182417167 cites W2018291687 @default.
- W2182417167 cites W2028956591 @default.
- W2182417167 cites W2038224101 @default.
- W2182417167 cites W2044516862 @default.
- W2182417167 cites W2061981691 @default.
- W2182417167 cites W2063968482 @default.
- W2182417167 cites W2066258297 @default.
- W2182417167 cites W2076983610 @default.
- W2182417167 cites W2077121266 @default.
- W2182417167 cites W2085538322 @default.
- W2182417167 cites W2089440099 @default.
- W2182417167 cites W2096815396 @default.
- W2182417167 cites W2103293455 @default.
- W2182417167 cites W2104697841 @default.
- W2182417167 cites W2106798814 @default.
- W2182417167 cites W2144487825 @default.
- W2182417167 cites W2154398438 @default.
- W2182417167 cites W2163621275 @default.
- W2182417167 cites W2167645707 @default.
- W2182417167 cites W2315939576 @default.
- W2182417167 cites W2318395783 @default.
- W2182417167 cites W2330349535 @default.
- W2182417167 cites W3121279693 @default.
- W2182417167 cites W3121306109 @default.
- W2182417167 cites W3121722682 @default.
- W2182417167 cites W3122755721 @default.
- W2182417167 cites W3124135940 @default.
- W2182417167 cites W3124136102 @default.
- W2182417167 cites W3124251361 @default.
- W2182417167 cites W3124506222 @default.
- W2182417167 cites W3124538093 @default.
- W2182417167 cites W3124567511 @default.
- W2182417167 cites W3124784470 @default.
- W2182417167 cites W3124812144 @default.
- W2182417167 cites W3125145096 @default.
- W2182417167 cites W3125268367 @default.
- W2182417167 cites W3125499115 @default.
- W2182417167 cites W3125569693 @default.
- W2182417167 cites W4249869587 @default.
- W2182417167 doi "https://doi.org/10.1108/s1569-3767(2012)0000013012" @default.
- W2182417167 hasPublicationYear "2012" @default.
- W2182417167 type Work @default.
- W2182417167 sameAs 2182417167 @default.
- W2182417167 citedByCount "3" @default.
- W2182417167 countsByYear W21824171672017 @default.
- W2182417167 countsByYear W21824171672018 @default.
- W2182417167 countsByYear W21824171672019 @default.
- W2182417167 crossrefType "book-chapter" @default.
- W2182417167 hasAuthorship W2182417167A5046643932 @default.
- W2182417167 hasConcept C121955636 @default.
- W2182417167 hasConcept C144133560 @default.
- W2182417167 hasConcept C162118730 @default.
- W2182417167 hasConcept C162324750 @default.
- W2182417167 hasConcept C186027771 @default.
- W2182417167 hasConcept C2781426361 @default.
- W2182417167 hasConceptScore W2182417167C121955636 @default.
- W2182417167 hasConceptScore W2182417167C144133560 @default.
- W2182417167 hasConceptScore W2182417167C162118730 @default.
- W2182417167 hasConceptScore W2182417167C162324750 @default.
- W2182417167 hasConceptScore W2182417167C186027771 @default.
- W2182417167 hasConceptScore W2182417167C2781426361 @default.
- W2182417167 hasLocation W21824171671 @default.
- W2182417167 hasOpenAccess W2182417167 @default.
- W2182417167 hasPrimaryLocation W21824171671 @default.
- W2182417167 hasRelatedWork W1854750766 @default.
- W2182417167 hasRelatedWork W2058302666 @default.
- W2182417167 hasRelatedWork W2068098150 @default.
- W2182417167 hasRelatedWork W2162114050 @default.
- W2182417167 hasRelatedWork W2182417167 @default.
- W2182417167 hasRelatedWork W2252930464 @default.
- W2182417167 hasRelatedWork W3003649935 @default.
- W2182417167 hasRelatedWork W3122795668 @default.
- W2182417167 hasRelatedWork W3123998938 @default.
- W2182417167 hasRelatedWork W3126122572 @default.
- W2182417167 isParatext "false" @default.
- W2182417167 isRetracted "false" @default.
- W2182417167 magId "2182417167" @default.
- W2182417167 workType "book-chapter" @default.