Underwriting relationships, analysts' earnings forecasts and investment recommendations

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

1980 • 25,774 citations

The New Issues Puzzle

1995 • 3,411 citations

Detecting long-run abnormal stock returns: The empirical power and specification of test statistics

1997 • 2,839 citations

Do Brokerage Analysts' Recommendations Have Investment Value?

1996 • 1,810 citations

Conflict of Interest and the Credibility of Underwriter Analyst Recommendations

1999 • 1,595 citations

Measuring long-horizon security price performance

1997 • 1,071 citations

Self-Selection and Analyst Coverage

1997 • 948 citations

Analysts' Decisions As Products of a Multi-Task Environment

1993 • 751 citations

The Effect of Investment Banking Relationships on Financial Analysts' Earnings Forecasts and Investment Recommendations*

1995 • 671 citations

Asymmetric Information, Corporate Finance, and Investment

1990 • 657 citations

Doing deals: investment banks at work

1989 • 420 citations

Understanding Stock Price Behavior around the Time of Equity Issues

1989 • 138 citations

Securities Regulation: Cases and Materials

1963 • 67 citations

After the Trade Is Made: Processing Securities Transactions

1986 • 30 citations

Bias in Analysts' Earnings Forecasts as an Explanation for the Long-Run Underperformance of Stocks Following Equity Offerings

1996 • 28 citations

Underwriter Analyst Recommendations: Conflict of Interest or Rush to Judgement

1997 • 7 citations

Inefficiency in the Market for Initial Public Offerings

1995 • 3 citations

Is honesty the best policy ? An examination of security analyst forecast behavior around seasoned equity offerings

1997 • 2 citations