Empirical analysis of investors' reaction to individual vs group-written research reports
The objective of this research is to investigate whether investors perceive that research reports written by a team of analysts is of higher quality than those written by an individual analyst. The statistical tests show that investors react more strongly to team-analyst reports than individual-anal...
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2008
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sg-ntu-dr.10356-105442023-05-19T05:41:41Z Empirical analysis of investors' reaction to individual vs group-written research reports Chow, Cheong Yean Fong, Pak Ho Loh, Hui Min Kang Soon Lee, Eugene Nanyang Business School ASLKang@ntu.edu.sg DRNTU::Business::Finance::Investments The objective of this research is to investigate whether investors perceive that research reports written by a team of analysts is of higher quality than those written by an individual analyst. The statistical tests show that investors react more strongly to team-analyst reports than individual-analyst reports. Specifically, the abnormal returns on publication of individual-analyst reports are significantly lower than those for team-analyst reports, thus supporting our hypothesis and the behavioural decision-making theory. Bachelor of Accountancy 2008-09-24T07:44:47Z 2008-09-24T07:44:47Z 2008 2008 Final Year Project (FYP) http://hdl.handle.net/10356/10544 en Nanyang Technological University application/pdf Nanyang Technological University |
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DRNTU::Business::Finance::Investments Chow, Cheong Yean Fong, Pak Ho Loh, Hui Min Empirical analysis of investors' reaction to individual vs group-written research reports |
| description |
The objective of this research is to investigate whether investors perceive that research reports written by a team of analysts is of higher quality than those written by an individual analyst. The statistical tests show that investors react more strongly to team-analyst reports than individual-analyst reports. Specifically, the abnormal returns on publication of
individual-analyst reports are significantly lower than those for team-analyst reports, thus supporting our hypothesis and the behavioural decision-making theory. |
| author2 |
Kang Soon Lee, Eugene |
| author_facet |
Kang Soon Lee, Eugene Chow, Cheong Yean Fong, Pak Ho Loh, Hui Min |
| format |
Final Year Project |
| author |
Chow, Cheong Yean Fong, Pak Ho Loh, Hui Min |
| author_sort |
Chow, Cheong Yean |
| title |
Empirical analysis of investors' reaction to individual vs group-written research reports |
| title_short |
Empirical analysis of investors' reaction to individual vs group-written research reports |
| title_full |
Empirical analysis of investors' reaction to individual vs group-written research reports |
| title_fullStr |
Empirical analysis of investors' reaction to individual vs group-written research reports |
| title_full_unstemmed |
Empirical analysis of investors' reaction to individual vs group-written research reports |
| title_sort |
empirical analysis of investors' reaction to individual vs group-written research reports |
| publisher |
Nanyang Technological University |
| publishDate |
2008 |
| url |
http://hdl.handle.net/10356/10544 |
| _version_ |
1770567623798423552 |