Relative Performance and Security Analysts' Career Outcomes.

Vincent, Andrew.


  • Abstract: This paper examines the relationship between security analysts' career outcomes and their forecast accuracy. We hypothesize that analysts rely on information gained from private contacts within the management of the firms that they follow in order to make earnings forecasts. We test this by looking at the impact a change in the quality of the brokerage house that employs an analyst has o... read more
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