Security Analysts and Market Reaction:Caveat for Monitoring

Rama Kanungo ()

Finance from University Library of Munich, Germany

Abstract: Security analysts, analyst forecast and market reaction are anecdotal in restructuring transactions, sometime conflicting and some other time imperative to the process of transaction. This article attempts to highlight a consistent association between analyst, market reaction and corporate restructuring. A close intermediation between those themes is analysed in this article, implying the relationship is contiguous. However issues of delayed price adjustment, conglomerate stock break-ups and negative earnings surprises are not discussed in this paper, though such factors are ingeniously important and crucial to the process of corporate restructuring.

Keywords: Security Analysts; Forecasting and Agency Cost (search for similar items in EconPapers)
JEL-codes: G32 G34 G39 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2004-11-25
New Economics Papers: this item is included in nep-acc and nep-fin
Note: Type of Document - pdf; pages: 12
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/fin/papers/0411/0411039.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpfi:0411039

Access Statistics for this paper

More papers in Finance from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).