Contribution of sell-side equity analyst reports to client’s return and stock price efficiency: Indonesia stock market evidence
The present study investigates whether equity analyst reports benefit clients and improve stock price efficiency. Companyfocus reports issued and documented by six brokerage companies in Indonesia are collected and the analysis focuses on the revisions of stock recommendations (upgrade, downgrade, o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2013
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| Online Access: | http://journalarticle.ukm.my/6955/ http://journalarticle.ukm.my/6955/ http://journalarticle.ukm.my/6955/1/3624-8085-1-PB.pdf |