Institutional holdings and analysts’ stock recommendations

Prior studies document that institutional investors outperform the mar- ket. We investigate whether this superior performance is partly derived from institutional investors use of sell-side analysts stock recommenda- tions. First, we find that the quarterly change in institutional ownership is posit...

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書目詳細資料
Main Authors: CHENG, Qiang, CHEN, Xia
格式: text
語言:English
出版: Institutional Knowledge at Singapore Management University 2006
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在線閱讀:https://ink.library.smu.edu.sg/soa_research/828
https://ink.library.smu.edu.sg/context/soa_research/article/1827/viewcontent/SSRN_id309842.pdf
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