BAIK, BOK; FARBER, DAVID B.; PETRONI, KATHY - In: Journal of Accounting Research 47 (2009) 1, pp. 45-69
<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>We examine whether analysts' incentives are associated with street earnings. Because prior research argues that analysts' incentives to promote stocks increase in the extent to which the stock exhibits glamour characteristics, we predict that analysts are more likely to make...