Add to ORKGUsing a sample of 31,261 firm-year observations of US-listed firms over 1995 – 2011, this paper investigates the relation between analyst following and contemporaneous stock price crash risks. I find that analyst coverage is positively associated with firm-specific stock price crash risk. I also show that the positive association between analyst following and stock price crash risk is more pronounced for firms with greater business risks and firms with overconfident CEOs. Overall, these findings indicate that managers are incentivized to smooth out bad news disclosure and analysts’ monitoring prevents them from doing so.Doctor of Philosophy (NBS
Security analysts play a central role in the functioning of financial markets through their privileg...
We survey the burgeoning literature on the determinants and consequences of firm-specific future sto...
We survey the burgeoning literature on the determinants and consequences of firm‐specific future sto...
Using a sample of 31,261 firm-year observations of US-listed firms over 1995 – 2011, this paper inve...
Purpose: Whether financial analysts play an effective role as information intermediaries and monitor...
Purpose Whether financial analysts play an effective role as information intermediaries and monit...
This study examines whether analysts' recommendations can predict stock price crashes, and whether ...
This paper explores the puzzling trend observed in US-listed firms between 1950 and 2018; specifical...
This study uses 462,678 monthly observations of US-listed firms for the period 1990–2018 to document...
Tese dout., University of Edinburg, 2008Security analysts play a central role in the functioning of ...
Tese dout., University of Edinburg, 2008Security analysts play a central role in the functioning of ...
This thesis studies different aspects of analyst behavior, as well as the corresponding implications...
Prior research shows that financial analysts play an important information intermediary role in Fran...
peer reviewedPrior research shows that financial analysts play an important information intermediary...
Purpose: The purpose of this paper is to empirically analyze whether and how managerial overconfiden...
Security analysts play a central role in the functioning of financial markets through their privileg...
We survey the burgeoning literature on the determinants and consequences of firm-specific future sto...
We survey the burgeoning literature on the determinants and consequences of firm‐specific future sto...
Using a sample of 31,261 firm-year observations of US-listed firms over 1995 – 2011, this paper inve...
Purpose: Whether financial analysts play an effective role as information intermediaries and monitor...
Purpose Whether financial analysts play an effective role as information intermediaries and monit...
This study examines whether analysts' recommendations can predict stock price crashes, and whether ...
This paper explores the puzzling trend observed in US-listed firms between 1950 and 2018; specifical...
This study uses 462,678 monthly observations of US-listed firms for the period 1990–2018 to document...
Tese dout., University of Edinburg, 2008Security analysts play a central role in the functioning of ...
Tese dout., University of Edinburg, 2008Security analysts play a central role in the functioning of ...
This thesis studies different aspects of analyst behavior, as well as the corresponding implications...
Prior research shows that financial analysts play an important information intermediary role in Fran...
peer reviewedPrior research shows that financial analysts play an important information intermediary...
Purpose: The purpose of this paper is to empirically analyze whether and how managerial overconfiden...
Security analysts play a central role in the functioning of financial markets through their privileg...
We survey the burgeoning literature on the determinants and consequences of firm-specific future sto...
We survey the burgeoning literature on the determinants and consequences of firm‐specific future sto...