Empirical Research on the Performance of Analysts’ Recommendations— The Case of Listed Companies in Taiwan
碩士 === 國立交通大學 === 財務金融研究所 === 101 === This paper estimates the abnormal returns, both gross and net of trading costs, earned on several investment strategies designed to take advantage of analysts’ stock recommendations. We document that a portfolio of the stocks with the most (least) favorable cons...
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Format: | Others |
Language: | zh-TW |
Published: |
2012
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Online Access: | http://ndltd.ncl.edu.tw/handle/46506105301205054145 |