Information content of analysts' report: a literature survey
The objective of this paper is to survey the literature on information content of analyst report from three important dimensions, namely, target price, earnings forecast and trading volume. The methodology employed is following the qualitative approach by reviewing and examining the past literature...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Faculty of Economic and Business Syarif Hidayatullah State Islamic University Jakarta
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/62257/ http://irep.iium.edu.my/62257/1/Etikonomi%20-%20Published%20Version.pdf |
| _version_ | 1848785815541383168 |
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| author | Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita |
| author_facet | Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita |
| author_sort | Mohd Thas Thaker, Hassanudin |
| building | IIUM Repository |
| collection | Online Access |
| description | The objective of this paper is to survey the literature on information content of analyst report from three important dimensions, namely, target price, earnings forecast and trading volume. The methodology employed is following the qualitative approach by reviewing and examining the past literature from the view of theoretical and empirical researches. The initial result from existing literature, reveals that the research in analyst report mainly focused on empirical research rather than theoretical perspective. Secondly, there no clear consensus on the consistency of results in terms of how well the information contents involving target price, earnings forecast and trading volume influencing the stock return. Thus, the views whether analyst report transmitting information to the investors is still remain unambiguous when making investment decision. This study is expected to enrich the existing literature in the area of analyst report and propose several areas for future researches related to this topic. |
| first_indexed | 2025-11-14T16:59:08Z |
| format | Article |
| id | iium-62257 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:59:08Z |
| publishDate | 2018 |
| publisher | Faculty of Economic and Business Syarif Hidayatullah State Islamic University Jakarta |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-622572018-10-03T00:44:45Z http://irep.iium.edu.my/62257/ Information content of analysts' report: a literature survey Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita HG4501 Stocks, investment, speculation The objective of this paper is to survey the literature on information content of analyst report from three important dimensions, namely, target price, earnings forecast and trading volume. The methodology employed is following the qualitative approach by reviewing and examining the past literature from the view of theoretical and empirical researches. The initial result from existing literature, reveals that the research in analyst report mainly focused on empirical research rather than theoretical perspective. Secondly, there no clear consensus on the consistency of results in terms of how well the information contents involving target price, earnings forecast and trading volume influencing the stock return. Thus, the views whether analyst report transmitting information to the investors is still remain unambiguous when making investment decision. This study is expected to enrich the existing literature in the area of analyst report and propose several areas for future researches related to this topic. Faculty of Economic and Business Syarif Hidayatullah State Islamic University Jakarta 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/62257/1/Etikonomi%20-%20Published%20Version.pdf Mohd Thas Thaker, Hassanudin and Mohamad, Azhar and Mustaffa Kamil, Nazrol Kamil and Duasa, Jarita (2018) Information content of analysts' report: a literature survey. Etikonomi, 17 (1). pp. 135-152. ISSN 1412-8969 E-ISSN 2461-0771 10.15408/etk.v17i1.6669 |
| spellingShingle | HG4501 Stocks, investment, speculation Mohd Thas Thaker, Hassanudin Mohamad, Azhar Mustaffa Kamil, Nazrol Kamil Duasa, Jarita Information content of analysts' report: a literature survey |
| title | Information content of analysts' report: a literature survey |
| title_full | Information content of analysts' report: a literature survey |
| title_fullStr | Information content of analysts' report: a literature survey |
| title_full_unstemmed | Information content of analysts' report: a literature survey |
| title_short | Information content of analysts' report: a literature survey |
| title_sort | information content of analysts' report: a literature survey |
| topic | HG4501 Stocks, investment, speculation |
| url | http://irep.iium.edu.my/62257/ http://irep.iium.edu.my/62257/ http://irep.iium.edu.my/62257/1/Etikonomi%20-%20Published%20Version.pdf |