Ferreira, Eurico J.; Smith, Stanley D. - In: Managerial Finance 38 (2012) March, pp. 403-413
Purpose – The purpose of this paper is to add to the literature on the impact of the Morningstar ratings by examining the impact of individual stock ratings in the Hare and Tortoise portfolios. Design/methodology/approach – This study uses an event study approach, where the effect of the...
