A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia
Analyst report is one of the reference sources available to investors in enhancing their decision-making process of investment. Analyst report plays a significant role in recommending shares and disseminating market information to the investor. However, in the context of Malaysia, the analyst re...
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Labuan Faculty of International Finance, Universiti Malaysia Sabah
2017
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iium-622302018-02-27T02:20:40Z http://irep.iium.edu.my/62230/ A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia Mohd Thas Thaker, Hassanudin Mohamad, Azhar Omar, Azura Mustaffa Kamil, Nazrol Kamil Duasa, Jarita HD2321 Industry HD28 Management. Industrial Management HF Commerce Analyst report is one of the reference sources available to investors in enhancing their decision-making process of investment. Analyst report plays a significant role in recommending shares and disseminating market information to the investor. However, in the context of Malaysia, the analyst report tends to over-rely on quantitative information and statistical analyses in producing recommendations to investors. As a result, analyst report is deemed to have less predictive power from investors’ perspective. Using a semi-structured interview, we investigate the informational content of analyst report in Malaysia by conducting an in-depth interview with six respondents from institutional and retail investors. The findings from the interview reveal that the analyst report in Malaysia tends to disclose information based on simple statistical analyses to formulate recommendations, and tends to ignore other significant qualitative information. This study adds to the current literature by proposing an adaption of both quantitative and qualitative information as the mode of informational disclosure in the analyst report. Labuan Faculty of International Finance, Universiti Malaysia Sabah 2017-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/62230/1/paper%202017_labuan%20bulletin.pdf Mohd Thas Thaker, Hassanudin and Mohamad, Azhar and Omar, Azura and Mustaffa Kamil, Nazrol Kamil and Duasa, Jarita (2017) A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia. Labuan Bulletin of International Business & Finance, 15. pp. 1-21. ISSN 1675-7262 E-ISSN 2600-7894 http://wwwkal.ums.edu.my/lbibf/index.php/published-articles-downloadable/category/18-volume-15-2017 |
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HD2321 Industry HD28 Management. Industrial Management HF Commerce |
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HD2321 Industry HD28 Management. Industrial Management HF Commerce Mohd Thas Thaker, Hassanudin Mohamad, Azhar Omar, Azura Mustaffa Kamil, Nazrol Kamil Duasa, Jarita A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia |
description |
Analyst report is one of the reference sources available to investors in
enhancing their decision-making process of investment. Analyst report plays
a significant role in recommending shares and disseminating market
information to the investor. However, in the context of Malaysia, the analyst
report tends to over-rely on quantitative information and statistical analyses
in producing recommendations to investors. As a result, analyst report is
deemed to have less predictive power from investors’ perspective. Using a
semi-structured interview, we investigate the informational content of analyst
report in Malaysia by conducting an in-depth interview with six respondents
from institutional and retail investors. The findings from the interview reveal
that the analyst report in Malaysia tends to disclose information based on
simple statistical analyses to formulate recommendations, and tends to ignore
other significant qualitative information. This study adds to the current
literature by proposing an adaption of both quantitative and qualitative
information as the mode of informational disclosure in the analyst report. |
format |
Article |
author |
Mohd Thas Thaker, Hassanudin Mohamad, Azhar Omar, Azura Mustaffa Kamil, Nazrol Kamil Duasa, Jarita |
author_facet |
Mohd Thas Thaker, Hassanudin Mohamad, Azhar Omar, Azura Mustaffa Kamil, Nazrol Kamil Duasa, Jarita |
author_sort |
Mohd Thas Thaker, Hassanudin |
title |
A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia |
title_short |
A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia |
title_full |
A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia |
title_fullStr |
A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia |
title_full_unstemmed |
A qualitative inquiry into the issues of information content of analysis’s report: Evidence from Malaysia |
title_sort |
qualitative inquiry into the issues of information content of analysis’s report: evidence from malaysia |
publisher |
Labuan Faculty of International Finance, Universiti Malaysia Sabah |
publishDate |
2017 |
url |
http://irep.iium.edu.my/62230/ http://irep.iium.edu.my/62230/ http://irep.iium.edu.my/62230/1/paper%202017_labuan%20bulletin.pdf |
first_indexed |
2023-09-18T21:28:13Z |
last_indexed |
2023-09-18T21:28:13Z |
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1777412335405629440 |