Stock Exchange Recommendations and Economic Realities

Pastusiak Radosław and Keller Jakub
Additional contact information
Keller Jakub: University of Lodz

Przedsiębiorczość i Zarządzanie (Entrepreneurship and Management), 2015, vol. 16, issue 1, 113-139

Abstract: The aim of this paper is to present the impact of stock recommendations on the prices in the context of excessive optimism heuristic. The main goal of the conducted analysis is to show that investors on the Warsaw Stock Exchange seem to ignore the economic information that comes with the recommendation report. Also, as the analyzed recommendations are set in the specified economic conditions, authors would like to show that reports are biased with excessive optimism.

Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/eam-2015-0008 (text/html)

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:vrs:pizeam:v:16:y:2015:i:1:p:113-139:n:8

DOI: 10.1515/eam-2015-0008

Access Statistics for this article

Przedsiębiorczość i Zarządzanie (Entrepreneurship and Management) is currently edited by Bogdan Piasecki

More articles in Przedsiębiorczość i Zarządzanie (Entrepreneurship and Management) from Sciendo
Bibliographic data for series maintained by Peter Golla ().