Showing 1 - 3 of 3
We examine the usefulness and credibility of analyst recommendations by focusing on their behavior surrounding tender offer announcements. For our 1998-2001 sample, we find analysts did not identify takeover targets through their recommendations nor did they distinguish between wealth-increasing...
Persistent link: https://www.econbiz.de/10005523420
Persistent link: https://www.econbiz.de/10010889622
Persistent link: https://www.econbiz.de/10010581437