Information content of analysts' report: A literature survey
The objective of this paper is to survey the literature on the information content of analyst report from three essential dimensions, namely, target price, earnings forecast and trading volume. The method employed is following the qualitative approach by reviewing and examining the past literature f...
| Main Authors: | , , , |
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| Format: | Article |
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Faculty of Economics, Universitas Islam Indonesia
2018
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| Online Access: | http://eprints.sunway.edu.my/1385/ |
| _version_ | 1848802045106061312 |
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| author | Mohd Thas Thaker, Hassanudin * Mohamad, A. Mustaffa Kamil, N. K. Duasa, J. |
| author_facet | Mohd Thas Thaker, Hassanudin * Mohamad, A. Mustaffa Kamil, N. K. Duasa, J. |
| author_sort | Mohd Thas Thaker, Hassanudin * |
| building | SU Institutional Repository |
| collection | Online Access |
| description | The objective of this paper is to survey the literature on the information content of analyst report from three essential dimensions, namely, target price, earnings forecast and trading volume. The method employed is following the qualitative approach by reviewing and examining the past literature from the view of theoretical and empirical researchers. 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 regarding 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 still remain unambiguous when making an investment decision. This study is expected to enrich the existing literature in the area of analyst report and propose several areas for future researchers related to this topic. |
| first_indexed | 2025-11-14T21:17:06Z |
| format | Article |
| id | sunway-1385 |
| institution | Sunway University |
| institution_category | Local University |
| last_indexed | 2025-11-14T21:17:06Z |
| publishDate | 2018 |
| publisher | Faculty of Economics, Universitas Islam Indonesia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | sunway-13852020-10-07T04:09:27Z http://eprints.sunway.edu.my/1385/ Information content of analysts' report: A literature survey Mohd Thas Thaker, Hassanudin * Mohamad, A. Mustaffa Kamil, N. K. Duasa, J. HF Commerce The objective of this paper is to survey the literature on the information content of analyst report from three essential dimensions, namely, target price, earnings forecast and trading volume. The method employed is following the qualitative approach by reviewing and examining the past literature from the view of theoretical and empirical researchers. 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 regarding 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 still remain unambiguous when making an investment decision. This study is expected to enrich the existing literature in the area of analyst report and propose several areas for future researchers related to this topic. Faculty of Economics, Universitas Islam Indonesia 2018 Article PeerReviewed Mohd Thas Thaker, Hassanudin * and Mohamad, A. and Mustaffa Kamil, N. K. and Duasa, J. (2018) Information content of analysts' report: A literature survey. Etikonomi, 17 (1). pp. 135-152. ISSN 1412-8969 http://doi.org/10.15408/etk.v17i1.6669 doi:10.15408/etk.v17i1.6669 |
| spellingShingle | HF Commerce Mohd Thas Thaker, Hassanudin * Mohamad, A. Mustaffa Kamil, N. K. Duasa, J. 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 | HF Commerce |
| url | http://eprints.sunway.edu.my/1385/ http://eprints.sunway.edu.my/1385/ http://eprints.sunway.edu.my/1385/ |