Song, Kyojik “Roy”; Mantecon, Tomas; Altintig, Z. Ayca - In: Journal of Banking & Finance 36 (2012) 2, pp. 584-596
chaebol analysts also assign better recommendations by almost one level and set target prices 2.5% higher to the member … within the same group. We investigate the informational content of earnings forecasts, stock recommendations and target … prices made by the chaebol-affiliated analysts, using data collected between 2000 and 2008. The chaebol analysts tend to make …