Bosquet, Katrien; de Goeij, Peter; Smedts, Kristien - In: Finance Research Letters 11 (2014) 2, pp. 104-111
Using analyst stock recommendations issued between January 1996 and December 2006 we show that the odds for female financial analysts to issue optimistic investment advice is 40% lower than for male analysts. Although 17% of our sample of analysts is female, 48% is employed by a top financial...
