What is it about?
We analyze and measure how analysts communicate with investors in the reports that they write. Next, we check if there are correlations with stock price movements.
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Why is it important?
Financial professionals are concentrated on numbers, which makes it seems like everything is objective but it's not. In fact, people who make financial decisions are also skilled in using language, writing texts. Our paper adds to the understanding of why and how this happens.
Perspectives
This papers offers a humanistic perspective on a technical issue. It allowed me to improve my teaching, I can show finance students evidence that how they write matters - that gives them more motivation to develop their writing skills.
Karol Klimczak
University of Navarra
Read the Original
This page is a summary of: Evaluation Markers and Mitigators in Analyst Reports in Light of Market Response to Stock Recommendations, International Journal of Business Communication, January 2018, SAGE Publications,
DOI: 10.1177/2329488417738082.
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