:::

詳目顯示

回上一頁
題名:定錨、近期偏誤與分析師推薦評等
書刊名:證券市場發展季刊
作者:林美珍 引用關係林禮遇
作者(外文):Lin, Mei-chenLin, Li-yu
出版日期:2020
卷期:32:3=127
頁次:頁63-113
主題關鍵詞:52週高點52週低點定錨偏誤近期效果分析師推薦52-week high52-week lowAnchoring biasRecent effectAnalyst recommendation
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(0) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:0
  • 共同引用共同引用:6
  • 點閱點閱:1
期刊論文
1.Boni, L.、Womack, K. L.(2006)。Analysts, Industries, and Price Momentum。Journal of Financial and Quantitative Analysis,41(1),85-109。  new window
2.Jegadeesh, Narasimhan、Kim, Woojin(2006)。Value of Analyst Recommendations: International Evidence。Journal of Financial Markets,9(3),274-309。  new window
3.池祥萱、蕭君怡(20050900)。券商投資評等報告的資訊內涵--本國券商與外資券商的比較。金融風險管理季刊,1(3),27-45。  延伸查詢new window
4.沈中華、池祥麟、高于婷(20050600)。證券商股票推薦之利益衝突及影響。臺灣金融財務季刊,6(2),1-20。new window  延伸查詢new window
5.Beshears, J.、Milkman, K. L.(2011)。Do Sell-side Stock Analysts Exhibit Escalation of Commitment?。Journal of Economic Behavior & Organization,77(3),304-317。  new window
6.Friesen, G.、Weller, P. A.(2006)。Quantifying cognitive biases in analyst earnings forecasts。Journal of Financial Markets,9(4),333-365。  new window
7.Jegadeesh, N.、Kim, W. J.(2010)。Do analysts herd? An analysis of recommendations and market reactions。Review of Financial Studies,23(2),901-937。  new window
8.Barber, Brad M.、Lehavy, Reuven、Trueman, Brett(2010)。Ratings Changes, Ratings Levels, and the Predictive Value of Analysts' Recommendations。Financial Management,39(2),533-553。  new window
9.Greenleaf, Eric A.(1995)。The Impact of Reference Price Effects on the Profitability of Price Promotions。Marketing Science,14(1),82-104。  new window
10.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。  new window
11.Northcraft, Gregory B.、Neale, Margaret A.(1987)。Experts, Amateurs, and Real Estate: An Anchoring-and-Adjustment Perspective on Property Pricing Decisions。Organizational Behavior And Human Decision Processes,39(1),84-97。  new window
12.Wansink, Brian、Kent, Robert J.、Hoch, Stephen J.(1998)。An Anchoring and Adjustment Model of Purchase Quantity Decisions。Journal of Marketing Research,35(1),71-81。  new window
13.Gupta, Kartick、Locke, Stuart、Scrimgeour, Frank(2010)。International comparison of returns from conventional, industrial and 52-week high momentum strategies。Journal of International Financial Markets, Institutions and Money,20(4),423-435。  new window
14.Chang, C. Y.(2011)。The relationship between the 52-week high of an individual stock and stock market index level: Evidence from Taiwan。Journal of International Financial Markets, Institutions & Money,21(1),14-27。  new window
15.Loh, Roger K.、Stulz, René M.(2011)。When are analyst recommendation changes influential?。The Review of Financial Studies,24(2),593-627。  new window
16.Michaely, Ron、Womack, Kent L.(1999)。Conflict of Interest and the Credibility of Underwriter Analyst Recommendations。The Review of Financial Studies,12(4),653-686。  new window
17.Rajendran, K. N.、Tellis, Gerard J.(1994)。Contextual and Temporal Components of Reference Price。Journal of Marketing,58(1),22-34。  new window
18.Krishnaswami, Sudha、Subramaniam, Venkat(1999)。Information Asymmetry, Valuation, and the Corporate Spin-off Decision。Journal of Financial Economics,53(1),73-112。  new window
19.Mokoaleli-Mokoteli, T.、Taffler, R. J.、Agarwal, V.(2009)。Behavioural bias and conflicts of interest in analyst stock recommendations。Journal of Business Finance and Accounting,36(3/4),384-418。  new window
20.Frankel, R.、Kothari, S. P.、Weber, J.(2006)。Determinants of the Informativeness of Analyst Research。Journal of Accounting and Economics,41(1/2),29-54。  new window
21.Barclay, Michael J.、Smith, Clifford W. Jr.(1995)。The Maturity Structure of Corporate Debt。Journal of Finance,50(2),609-631。  new window
22.Chen, S.、Matsumoto, D. A.(2006)。Favorable versus unfavorable recommendations: The impact on analyst access to management-provided information。Journal of Accounting Research,44(4),657-689。  new window
23.Gu, Z. Y.、Li, Z. Q.、Yang, Y. G.(2013)。Monitors or Predators: The Influence of Institutional Investors on Sell-Side Analysts。The Accounting Review,88(1),137-169。  new window
24.Francis, Jennifer、Philbrick, Donna(1993)。Analysts' decisions as products of a multi-task environment。Journal of Accounting Research,31(2),216-230。  new window
25.Bhootra, Ajay、Hur, Jungshik(2013)。The timing of 52-week high price and momentum。Journal of Banking & Finance,37(10),3773-3782。  new window
26.Pompian, M. M.(2008)。Using Behavioral Investor Types to Build Better Relationships with Your Clients。Journal of Financial Planning,21(10),64-76。  new window
27.Liu, Xiaoding、Ritter, Jay R.(2011)。Local Underwriter Oligopolies and IPO Underpricing。Journal of Financial Economics,102(3),579-601。  new window
28.Brav, Alon、Lehavy, Reuven(2003)。An Empirical Analysis of Analysts' Target Prices: Short-term Informativeness and Long-term Dynamics。The Journal of Finance,58(5),1933-1968。  new window
29.Green, T. C.(2006)。The Value of Client Access to Analyst Recommendations。Journal of Financial and Quantitative Analysis,41(1),1-24。  new window
30.Marshall, Ben R.、Cahan, Rachael M.(2005)。Is the 52-week high momentum strategy profitable outside the US?。Applied Financial Economics,15(18),1259-1267。  new window
31.Affleck-Graves, John、Davis, L. R.、Mendenhall, R. R.(1990)。Forecasts of earnings per share: possible sources of analyst superiority and bias。Contemporary Accounting Research,6(2),501-517。  new window
32.Hirshleifer, David(2001)。Investor psychology and asset pricing。The Journal of Finance,56(4),1533-1597。  new window
33.Grullon, Gustavo、Michaely, Roni(2004)。The Information Content of Share Repurchase Programs。Journal of Finance,59(2),651-680。  new window
34.Easterwood, J. C.、Nutt, S. R.(1999)。Inefficiency in Analysts' Earnings Forecasts: Systematic Misreaction or Systematic Optimism?。The Journal of Finance,54(5),1777-1797。  new window
35.Heath, Chip、Huddart, Steven、Lang, Mark(1999)。Psychological factors and stock option exercise。The Quarterly Journal of Economics,114(2),601-627。  new window
36.Brock, William、Lakonishok, Josef、LeBaron, Blake(1992)。Simple Technical Trading Rules and the Stochastic Properties of Stock Returns。The Journal of Finance,47(5),1731-1764。  new window
37.Hong, Harrison、Lim, Terence、Stein, Jeremy C.(2000)。Bad news travels slowly: size, analyst coverage, and the profitability of momentum strategies。Journal of Finance,55(1),265-295。  new window
38.De Bondt, Werner F. M.、Thaler, Richard H.(1990)。Do Security Analysts Overreact?。The American Economic Review,80(2),52-57。  new window
39.Chan, K.、Lin, Y. H.、Wang, Y. Z.(2015)。The information content of R&D reductions。Journal of Empirical Finance,34,131-155。  new window
40.Switzer, F. S. III、Sniezek, J. A.(1991)。Judgment Processes in Motivation: Anchoring and Adjustment Effects on Judgment and Behavior。Organizational Behavior and Human Decision Processes,49(2),208-229。  new window
41.溫育芳、趙珮伊(20111100)。國內股市定錨效應之研究--以2008年總統大選期間為例。創新與管理,8(4),101-137。new window  延伸查詢new window
42.Deaves, Richard、Lüders, Erik、Schröder, Michael(2010)。The Dynamics of Overconfidence: Evidence from Stock Market Forecasters。Journal of Economic Behavior and Organization,75(3),402-412。  new window
43.Hao, Ying、Chu, Hsiang-Hui、Ho, Keng-Yu、Ko, Kuan-Cheng(2016)。The 52-Week High and Momentum in the Taiwan Stock Market: Anchoring or Recency Biases?。International Review of Economics & Finance,43,121-138。  new window
44.Beggs, Alan、Graddy, Kathryn(2009)。Anchoring effects: Evidence from art auctions。American Economic Review,99(3),1027-1039。  new window
45.Ljungqvist, Alexander、Wilhelm, William J. Jr.(2005)。Does Prospect Theory Explain IPO Market Behavior?。The Journal of Finance,60(4),1759-1790。  new window
46.Jegadeesh, Narasimhan、Kim, Joonghyuk、Krische, Susan D.、Lee, Charles M. C.(2004)。Analyzing the Analysts: When Do Recommendations Add Value?。The Journal of Finance,59(3),1083-1124。  new window
47.Lin, H. W.、McNichols, M. F.、O'Brien, P. C.(2005)。Analyst Impartiality and Investment Banking Relationships。Journal of Accounting Research,43(4),623-650。  new window
48.Kahneman, Daniel(1992)。Reference points, anchors, norms and mixed feelings。Organizational Behavior and Human Decision Processes,51(2),296-312。  new window
49.Poteshman, Allen M.、Serbin, Vitaly(2003)。Clearly Irrational Financial Market Behavior: Evidence from the Early Exercise of Exchange Traded Stock Options。Journal of Finance,58(1),37-70。  new window
50.Baker, Malcom、Pan, Xin、Wurgler, Jeffrey(2012)。The Effect of Reference Point Prices on Mergers and Acquisitions。Journal of Financial Economics,106(1),49-71。  new window
51.Li, Jun、Yu, Jianfeng(2012)。Investor Attention, Psychological Anchors, and Stock Return Predictability。Journal of Financial Economics,104(2),401-419。  new window
52.Firth, M.、Lin, C.、Liu, P.、Xuan, Y.(2013)。The Client Is King: Do Mutual Fund Relationships Bias Analyst Recommendations?。Journal of Accounting Research,51(1),165-200。  new window
53.Hilary, Gilles、Menzly, Lior(2006)。Does past success lead analysts to become overconfident?。Management Science,52(4),489-500。  new window
54.Englich, B.、Mussweiler, T.、Strack, F.(2006)。Playing Dice with Criminal Sentences: The Influence of Irrelevant Anchors on Experts' Judicial Decision Making。Personality and Social Psychology Bulletin,32(2),188-200。  new window
55.Healy, Paul M.、Palepu, Krishna G.(2001)。Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature。Journal of Accounting and Economics,31(1-3),405-440。  new window
56.Carhart, Mark M.(1997)。On persistence in mutual fund performance。The Journal of Finance,52(1),57-82。  new window
57.Babcock, L.、Wang, X.、Loewenstein, G.(1996)。Choosing the wrong pond: Social comparisons in negotiations that reflect a self-serving bias。Quarterly Journal of Economics,111(1),1-19。  new window
58.Campbell, S. D.、Sharpe, S. A.(2009)。Anchoring bias in consensus forecasts and its effect on market prices。Journal of Financial and Quantitative Analysis,44(2),369-390。  new window
59.Chari, V. V.、Jagannathan, R.、Ofer, A. R.(1988)。Seasonalities in security returns: The case of earnings announcements。Journal of Financial Economics,21(1),101-121。  new window
60.Driessen, Joost、Lin, Tse-Chun、Van Hemert, Otto(2013)。How the 52-week high and low affect option-implied volatilities and stock return moments。Review of Finance,17(1),369-401。  new window
61.Dodonova, A.、Khoroshilov, Y.(2004)。Anchoring and transaction utility: evidence from on-line auctions。Applied Economics Letters,11(5),307-310。  new window
62.Garbinsky, E. N.、Morewedge, C. K.、Shiv, B.(2014)。Interference of the end: Why recency bias in memory determines when a food is consumed again。Psychological Science,25(7),1466-1474。  new window
63.Huddart, S.、Lang, M.、Yetman, M. H.(2009)。Volume and price patterns around a stock's 52-week highs and lows: Theory and evidence。Management Science,55(1),16-31。  new window
64.Ibhagui, O. W.、Olokoyo, F. O.(2018)。Leverage and firm performance: New evidence on the role of firm size。North American Journal of Economics and Finance,45,57-82。  new window
65.Kolasinski, A. C.、Kothari, S. P.(2008)。Investment banking and analyst objectivity: Evidence from analysts affiliated with mergers and acquisitions advisors。Journal of Financial and Quantitative Analysis,43(4),817-842。  new window
66.Li, E. X.、Ramesh, K.、Shen, M.、Wu, J. S.(2015)。Do analyst stock recommendations piggyback on recent corporate news? An analysis of regular-hour and after-hours revisions。Journal of Accounting Research,53(4),821-861。  new window
67.Zhang, L.(2006)。Efficient estimation of stochastic volatility using noisy observations: A multi-scale approach。Bernoulli,12(6),1019-1043。  new window
68.Daniel, Kent、Grinblatt, Mark、Titman, Sheridan、Wermers, Russ(1997)。Measuring Mutual Fund Performance with Characteristic-based Benchmarks。Journal of Finance,52(3),1035-1058。  new window
69.George, Thomas J.、Hwang, Chuan-Yang(2004)。The 52-week High and Momentum Investing。Journal of Finance,59(5),2145-2176。  new window
70.Cen, Ling、Hilary, Gilles、Wei, K. C. John(2013)。The Role of Anchoring Bias in the Equity Market: Evidence from Analysts' Earnings Forecasts and Stock Returns。Journal of Financial and Quantitative Analysis,48(1),47-76。  new window
71.Kaustia, Markku、Alho, Eeva、Puttonen, Vesa(2008)。How Much Does Expertise Reduce Behavioral Biases? The Case of Anchoring Effects in Stock Return Estimates。Financial Management,37(3),391-411。  new window
72.Lang, Mark H.、Lundholm, Russell J.(1996)。Corporate Disclosure Policy and Analyst Behavior。The Accounting Review,71(4),467-492。  new window
73.Lin, Hsiou-wei、McNichols, Maureen F.(1998)。Underwriting Relationships, Analysts' Earnings Forecasts and Investment Recommendations。Journal of Accounting and Economics,25(1),101-127。  new window
74.Womack, Kent L.(1996)。Do Brokerage Analysts' Recommendations Have Investment Value?。The Journal of Finance,51(1),137-167。  new window
75.Tversky, Amos、Kahneman, Daniel(1974)。Judgment under Uncertainty: Heuristics and Biases: Biases in judgments reveal some heuristics of thinking under uncertainty。Science,185(4157),1124-1131。  new window
76.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。  new window
77.Amir, E.、Ganzach, Y.(1998)。Overreaction and Underreaction in Analysts' Forecasts。Journal of Economic Behavior and Organization,37(3),333-347。  new window
研究報告
1.Birru, J.(2015)。Psychological barriers, expectational errors, and underreaction to news。  new window
單篇論文
1.Li, F.,Lin, C.,Lin, T. C.(2016)。The 52-Week High Stock Price and Analyst Recommendation Revisions,https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2517238。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top
:::
無相關書籍
 
無相關著作
 
QR Code
QRCODE