The short-term impact of analyst recommendations: evidence from the Indian stock market

The short-term impact of analyst recommendations: evidence from the Indian stock market

Purpose – This study aims to evaluate the short-term impact of brokerage analysts’ recommendations on abnormal returns using a sample selected from the S&P BSE 100 in the Indian context. The efficient market hypothesis, specifically, its semi-strong form, is tested for “Buy” stock recommendation...

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Bibliographic Details
Main Author: Shreya Sharda
Format: Article
Language:English
Published: Emerald Publishing 2022-02-01
Series:Vilakshan (XIMB Journal of Management)
Subjects:
analysts’ recommendations
market efficiency
abnormal returns
event study
Online Access:https://www.emerald.com/insight/content/doi/10.1108/XJM-12-2020-0239/full/pdf?title=the-short-term-impact-of-analyst-recommendations-evidence-from-the-indian-stock-market

Internet

https://www.emerald.com/insight/content/doi/10.1108/XJM-12-2020-0239/full/pdf?title=the-short-term-impact-of-analyst-recommendations-evidence-from-the-indian-stock-market

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