Information content of analysts' report: a literature survey

The objective of this paper is to survey the literature on information content of analyst report from three important dimensions, namely, target price, earnings forecast and trading volume. The methodology employed is following the qualitative approach by reviewing and examining the past literature...

Full description

Bibliographic Details
Main Authors:	Mohd Thas Thaker, Hassanudin, Mohamad, Azhar, Mustaffa Kamil, Nazrol Kamil, Duasa, Jarita
Format:	Article
Language:	English
Published:	Faculty of Economic and Business Syarif Hidayatullah State Islamic University Jakarta 2018
Subjects:	HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/62257/ http://irep.iium.edu.my/62257/ http://irep.iium.edu.my/62257/1/Etikonomi%20-%20Published%20Version.pdf

id	iium-62257
recordtype	eprints
spelling	iium-622572018-10-03T00:44:45Z http://irep.iium.edu.my/62257/ Information content of analysts' report: a literature survey Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita HG4501 Stocks, investment, speculation The objective of this paper is to survey the literature on information content of analyst report from three important dimensions, namely, target price, earnings forecast and trading volume. The methodology employed is following the qualitative approach by reviewing and examining the past literature from the view of theoretical and empirical researches. The initial result from existing literature, reveals that the research in analyst report mainly focused on empirical research rather than theoretical perspective. Secondly, there no clear consensus on the consistency of results in terms of how well the information contents involving target price, earnings forecast and trading volume influencing the stock return. Thus, the views whether analyst report transmitting information to the investors is still remain unambiguous when making investment decision. This study is expected to enrich the existing literature in the area of analyst report and propose several areas for future researches related to this topic. Faculty of Economic and Business Syarif Hidayatullah State Islamic University Jakarta 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/62257/1/Etikonomi%20-%20Published%20Version.pdf Mohd Thas Thaker, Hassanudin and Mohamad, Azhar and Mustaffa Kamil, Nazrol Kamil and Duasa, Jarita (2018) Information content of analysts' report: a literature survey. Etikonomi, 17 (1). pp. 135-152. ISSN 1412-8969 E-ISSN 2461-0771 10.15408/etk.v17i1.6669
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG4501 Stocks, investment, speculation
spellingShingle	HG4501 Stocks, investment, speculation Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita Information content of analysts' report: a literature survey
description	The objective of this paper is to survey the literature on information content of analyst report from three important dimensions, namely, target price, earnings forecast and trading volume. The methodology employed is following the qualitative approach by reviewing and examining the past literature from the view of theoretical and empirical researches. The initial result from existing literature, reveals that the research in analyst report mainly focused on empirical research rather than theoretical perspective. Secondly, there no clear consensus on the consistency of results in terms of how well the information contents involving target price, earnings forecast and trading volume influencing the stock return. Thus, the views whether analyst report transmitting information to the investors is still remain unambiguous when making investment decision. This study is expected to enrich the existing literature in the area of analyst report and propose several areas for future researches related to this topic.
format	Article
author	Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita
author_facet	Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita
author_sort	Mohd Thas Thaker, Hassanudin
title	Information content of analysts' report: a literature survey
title_short	Information content of analysts' report: a literature survey
title_full	Information content of analysts' report: a literature survey
title_fullStr	Information content of analysts' report: a literature survey
title_full_unstemmed	Information content of analysts' report: a literature survey
title_sort	information content of analysts' report: a literature survey
publisher	Faculty of Economic and Business Syarif Hidayatullah State Islamic University Jakarta
publishDate	2018
url	http://irep.iium.edu.my/62257/ http://irep.iium.edu.my/62257/ http://irep.iium.edu.my/62257/1/Etikonomi%20-%20Published%20Version.pdf
first_indexed	2023-09-18T21:28:16Z
last_indexed	2023-09-18T21:28:16Z
_version_	1777412337901240320

Information content of analysts' report: a literature survey

Similar Items