Ramnath, Sundaresh; Rock, Steve; Shane, Philip B. - In: Foundations and Trends(R) in Finance 2 (2008) 4, pp. 311-421
This surveys reviews research regarding the role of financial analysts in capital markets. The survey builds on the perspectives provided by Schipper (1991) and Brown (1993). We categorize papers published mainly since 1992 and selectively discuss aspects of these papers that address or suggest...