A model is developed which implies that if an analyst has high reputation or low ability, or if
there is strong public information that is inconsistent with the analyst's private information …

This paper analyzes the equity‐portfolio recommendations made by investment newsletters.
Overall, there is no significant evidence of superior stock‐picking ability for this sample of …

Abstract We analyze Berkshire Hathaway's equity portfolio over the 1976 to 2006 period and
explore potential explanations for its superior performance. Contrary to popular belief, we …

The choice of a particular technology to implement a firm's business strategy may impact the
firm's market performance. This study assesses the impact of being an Internet-dependent …

Armin Müller untersucht auf einer breiten Datenbasis Vor-und Nachteile einer
standardisierten Anlageberatung bzw. eigenverantwortlichen Agierens am Kapitalmarkt …

This monograph seeks to provide a theoretical foundation and linkage between financial
and managerial accounting. Just as the lines between the CPA-auditor or the financial …

This paper aims to report the findings associated with the effects of share prices around the
disclosure dates of four different debt-and-equity fund-raising events over a 12-year period …

This chapter examines some of the basic issues relating to the theory of information
efficiency in financial markets and, in particular, some of the definitions and distinctions …

In this paper, we report the first empirical tests concerning the performance of international
investment strategies recommended by a panel of investment houses from 1982 through …

This research attempts to assess the impact of being an Internet-dependent firm on a firm
performance. The need for this research exists because information technology is an …