Financial analysts' reports: an extended institutional theory evaluation

@article{Fogarty2005FinancialAR,
  title={Financial analysts' reports: an extended institutional theory evaluation},
  author={T. Fogarty and R. Rogers},
  journal={Accounting Organizations and Society},
  year={2005},
  volume={30},
  pages={331-356}
}
Abstract Financial analysts employed by securities firms play an important role in the capital markets. Most importantly, the reports that they produce are given great consequence by many market participants. A review of the practitioner descriptions and academic studies about these analysts reveal several open questions. For these purposes, institutional theory is brought to bear upon this quasi-professional group. Four specific hypotheses are proposed and evaluated using both latent and… Expand
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