Jiang, Wan; Wang, Linlin; Chu, Zhaofang; Ma, Xifang - In: Journal of Organizational Change Management 31 (2018) 6, pp. 1234-1248
Purpose: The purpose of this paper is to examine how analyst recommendation change is associated with a firm’s magnitude of strategic change. Design/methodology/approach: This study argues that unfavorable analyst recommendation change serves as a powerful external assessment that current...