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Volume 12 - December 1977

Contents

Page 6 of 6

Abstracts of Conference Papers: Financial Markets: Costs

  • Abstract: Investor Objectives, Stock Recommendations and Abnormal Returns

  • John C. Groth
  • Published online by Cambridge University Press:
    19 October 2009, p. 679

  • Recommendations provided by brokerage houses are often classified as to investment term (near,…) and objective (growth,…). An extensive set of recommendations made during the years 1964-1970 was examined. Issues addressed included availability of descriptors and stocks categorized by descriptors: differences in risk; the presence and pattern of risk-adjusted returns for a 19-month period surrounding the recommendation; the differential impact on trading activity; the reaction of the market to the recommendations; and parallels between the results and previous research efforts by other authors.

Western Finance Association Meetings

Announcement

  • Announcements

  • Published online by Cambridge University Press:
    19 October 2009, pp. 697-699
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Front matter

  • JFQ volume 12 issue 4 Cover and Front matter

  • Published online by Cambridge University Press:
    19 October 2009, pp. f1-f6
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Page 6 of 6