Ramnath, Sundaresh; Rock, Steve; Shane, Philip - In: International Journal of Forecasting 24 (2008) 1, pp. 34-75
This paper develops a taxonomy of research examining the role of financial analysts in capital markets. The paper builds on the perspectives provided by Schipper [Schipper, K. (1991). Analysts' forecasts. Accounting Horizons, 5, 105-131] and Brown [Brown, L. (1993). Earnings forecasting...