期刊論文1. | Barber, B.、Lehavy, R.、McNichols, M.、Trueman, B.(2003)。Reassessing the Returns to Analysts, Stock Recommendations。Financial Analysts Journal,56,88-96。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
2. | Michaely, R.、Womack, K.(1999)。Conflict of interest and the credibility of underwriter analyst recommendations。The Review of Financial Studies,12(4),653-686。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
3. | Carl, R. C.、Kam, C. C.、Steiner, T. L.(2002)。Are all security analysts equal。Journal of Financial Research,25(3),415-430。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
4. | Chan, L. K. C.、Jegadeesh, N.、Lakonishok, J.(1996)。Momentum strategy。Journal of Finance,51,1681-1713。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
5. | Ertimur, Y.、Sunder, J.、Sunder, Shyam V.(2007)。Measure for measure: The relation between forecast accuracy and recommendation profitability of analysts。Journal of Accounting Research,45(3),567-606。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
6. | Barber, Brad M.、Lehavy, Reuven、McNichols, Maureen、Trueman, Brett(2001)。Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns。The Journal of Finance,56(2),531-563。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
7. | Barber, Brad M.、Lehavy, Reuven、Trueman, Brett(2007)。Comparing the Stock Recommendation Performance of Investment Banks and Independent Research Firms。Journal of Financial Economics,85(2),490-517。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
8. | Clement, M. B.、Tse, S. Y.(2005)。Financial Analyst Characteristics and Herding Behavior in Forecasting。The Journal of Finance,60(1),307-341。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
9. | La Porta, R.(1996)。Expectations and the Cross Section of Stock Returns。Journal of Finance,51,1715-1742。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
10. | Beneish, M. D.(1991)。Stock Price and the Dissemination of Analysts' Recommendations。Journal of Business,64(3),393-416。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
11. | Bjerring, J. H.、Lakonishok, J.、Vermaelen, T.(1983)。Stock Price and Financial Analysts' Recommendations。Journal of Finance,38(1),187-204。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
12. | Jackson, A. R.(2005)。Trade Generation, Reputation, and Sell-Side Analysts。The Journal of Finance,66(2),673-717。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
13. | Basu, S.(1977)。Investment Performance of Common Stocks in Relation to Their Price-earnings Ratios: A Test of the Efficient Market Hypothesis。Journal of Finance,32(3),663-682。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
14. | Jegadeesh, N.、Kim, J.、Krische, S. D.、Lee, C.(2004)。Analyzing the Analysts: When Do Recommendations Add Value?。The Journal of Finance,59(3),1083-1124。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
15. | Banz, Rolf W.(1981)。The Relationship Between Return and Market Value of Common Stocks。Journal of Financial Economics,9(1),3-18。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
16. | Lee, Charles M. C.、Swaminathan, Bhaskaran(2000)。Price Momentum and Trading Volume。The Journal of Finance,55(5),2017-2069。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
17. | Barber, M. Brad、Loeffler, Douglas(1993)。The 'Dartboard' Column: Second-Hand Information and Price Pressure。Journal of Financial and Quantitative Analysis,28(2),273-284。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
18. | Hong, Harrison、Kubik, Jeferey D.(2003)。Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts。Journal of Finance,58(1),313-351。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
19. | Womack, Kent L.(1996)。Do Brokerage Analysts' Recommendations Have Investment Value?。The Journal of Finance,51(1),137-167。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
20. | Reinganum, Marc R.(1981)。Misspecification of capital asset pricing: empirical anomalies based on earnings yields and market values。Journal of Financial Economics,9(1),19-46。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
21. | Fama, Eugene F.、French, Kenneth R.(1992)。The Cross-Section of Expected Stock Returns。The Journal of Finance,47(2),427-465。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
22. | Jegadeesh, Narasimhan、Titman, Sheridan(1993)。Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency。The Journal of Finance,48(1),65-91。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
23. | Lakonishok, Josef、Shleifer, Andrei、Vishny, Robert W.(1994)。Contrarian Investment, Extrapolation, and Risk。Journal of Finance,49(5),1541-1578。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
24. | Sloan, Richard Geoffrey(1996)。Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?。The Accounting Review,71(3),289-315。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |
25. | Bernard, Victor L.、Thomas, Jacob K.(1989)。Post-Eamings-Announcement Drift: Delayed Price Response or Risk Premium。Journal of Accounting Research,27(Supplement),1-36。 ![](/gs32/thssjcncl/image/nclsfx.gif) ![new window](/gs32/images/newin.png) |