Firm characteristics and analyst following

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

Specification Tests in Econometrics

1978 • 17,234 citations

Regression Diagnostics -- Identifying Influential Data and Sources of Collinearity

1981 • 6,625 citations

Likelihood Ratio Tests for Model Selection and Non-Nested Hypotheses

1989 • 5,821 citations

On the Impossibility of Informationally Efficient Markets

1980 • 4,825 citations

On the impossibility of informationally efficient markets

1980 • 3,972 citations

ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION

1976 • 1,388 citations

On the aggregation of information in competitive markets

1980 • 1,192 citations

Information aggregation in a noisy rational expectations economy

1981 • 1,135 citations

Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements

1985 • 1,086 citations

Analysts' forecasts as earnings expectations

1988 • 1,063 citations

Information and Competitive Price Systems

1976 • 902 citations

Analyst Following and Institutional Ownership

1990 • 881 citations

Herding among security analysts

2000 • 830 citations

A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets

1985 • 821 citations

Can Stock Market Forecasters Forecast?

1933 • 717 citations

Financial analysts' forecasts of earnings

1982 • 608 citations

Information Acquisition in a Noisy Rational Expectations Economy

1982 • 601 citations

The association between accounting earnings and security returns for large and small firms

1987 • 565 citations

Firm size and the information content of prices with respect to earnings

1987 • 487 citations

THE SUPERIORITY OF ANALYST FORECASTS AS MEASURES OF EXPECTATIONS: EVIDENCE FROM EARNINGS

1978 • 462 citations

The information content of financial analysts' forecasts of earnings

1979 • 440 citations

An evaluation of alternative proxies for the market's assessment of unexpected earnings

1987 • 412 citations

Security Analyst Superiority Relative to Univariate Time-Series Models in Forecasting Quarterly Earnings

2008 • 355 citations

A monopolistic market for information

1986 • 329 citations

An Information Interpretation of Financial Analyst Superiority in Forecasting Earnings

1987 • 310 citations

On the Efficiency of Competitive Stock Markets Where Trades Have Diverse Information

1976 • 242 citations

Market Implications of Differential Amounts of Interim Information

1980 • 227 citations

Further results on the informational efficiency of competitive stock markets

1978 • 198 citations

Collection of Information about Publicly Traded Firms: Theory and Evidence

2011 • 153 citations

A Multivariate Analysis of Annual Earnings Forecasts Generated from Quarterly Forecasts of Financial Analysts and Univariate Time-Series Models

1980 • 151 citations

The accuracy of analysts' forecasts of earnings per share

1975 • 151 citations

An Analysis of Brokers' and Analysts' Unpublished Forecasts of UK Stock Returns

1984 • 140 citations

Collection of information about publicly traded firms

1989 • 126 citations

The Superiority of Analyst Forecasts as Measures of Expectations: Evidence from Earnings

1978 • 124 citations

An Evaluation of Security Analysts' Forecasts

2016 • 93 citations