MARC details
| 000 -LEADER |
|---|
| fixed length control field |
01781nam a22002537a 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
|---|
| control field |
ZW-GwMSU |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
|---|
| control field |
20231121082720.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
231121b |||||||| |||| 00| 0 eng d |
| 040 ## - CATALOGING SOURCE |
|---|
| Original cataloging agency |
MSU |
| Transcribing agency |
MSU |
| Description conventions |
rda |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Cao, Jian |
| Relator term |
author |
| 245 10 - TITLE STATEMENT |
|---|
| Title |
Analyst quality, optimistic bias, and reactions to major news |
| Statement of responsibility, etc. |
by Jian Cao and Mark Kohlbeck |
| 264 ## - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
|---|
| Place of production, publication, distribution, manufacture |
Thousand Oaks, CA: |
| Name of producer, publisher, distributor, manufacturer |
Sage Publications; |
| Date of production, publication, distribution, manufacture, or copyright notice |
2011. |
| 336 ## - CONTENT TYPE |
|---|
| Source |
rdacontent |
| Content type term |
text |
| Content type code |
txt |
| 337 ## - MEDIA TYPE |
|---|
| Source |
rdamedia |
| Media type term |
unmediated |
| Media type code |
n |
| 338 ## - CARRIER TYPE |
|---|
| Source |
rdacarrier |
| Carrier type term |
volume |
| Carrier type code |
nc |
| 440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE |
|---|
| Title |
Journal Auditing Accounting and Finance |
| Volume/sequential designation |
Volume 26, number 3, |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
This article investigates whether financial analysts’ characteristics are associated with their asymmetric response of stock recommendations between positive and negative information shocks. The authors hypothesize that incentives exist such that quality attributes that differentiate analysts are positively associated with the timely revelation of negative news about a firm. As a result, the authors expect the asymmetric response to be reduced for superior analysts. Using the stock return/recommendation changes relationship, they find that the asymmetric reaction is less for analysts with characteristics that are indicative of higher quality. Furthermore, the reduction is more pronounced for analysts in the top decile and is only present when analysts have negative private information. This article therefore contributes to the research on differing analyst characteristics and report quality, and provides additional insights on analyst bias. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Information asymmetry |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Optimistic bias |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Analysts |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Kohlbeck, Mark |
| Relator term |
co-author |
| 856 ## - ELECTRONIC LOCATION AND ACCESS |
|---|
| Materials specified |
https://doi.org/10.1177/0148558X11401555 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
Library of Congress Classification |
| Koha item type |
Journal Article |