Financial Analysts

Sell-side financial analysts produce, acquire, and disseminate information, playing an important intermediary role in capital markets. Such analysts typically work alongside other analysts in brokerage houses. However, there is only limited understanding of how they collaborate, as most studies have treated financial analysts as isolated figures. HKUST ... Read More

Sell-side financial analysts produce, acquire, and disseminate information, playing an important intermediary role in capital markets. Such analysts typically work alongside other analysts in brokerage houses. However, there is only limited understanding of how they collaborate, as most studies have treated financial analysts as isolated figures. HKUST ... Read More

Financial analysts are important information intermediaries in capital markets. Traditional research outputs of analysts, such as buy/sell recommendations and EPS forecasts, have been the mainstream focus of market participants. In recent years, analyst forecasts of capital expenditures (capex) have become increasingly prevalent—roughly 70 percent of the US ... Read More

When a firm discloses important corporate information, analysts are usually right on their tail with reports about what was said. A new study has confirmed that these reports serve a valuable function for investors because they interpret, flesh out and confirm managers’ statements. The study, by Allen Huang, Reuven Lehavy, Amy Zang and Rong Zheng, used an ... Read More