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Corporate Strategy and Analyst Behaviour

Wu, Minzhi


This dissertation investigates whether and how corporate strategy affects analyst behaviour, ranging from the coverage decision to forecasting efficiency. Both firm and industry level strategic information are important inputs to analyst reports which are useful to investors in a market where information asymmetry exists between the firms and their (potential) shareholders. In this thesis, I employ Miles and Snow’s (1978, 2003) strategy typology to identify...[Show more]

CollectionsOpen Access Theses
Date published: 2018
Type: Thesis (PhD)
DOI: 10.25911/5d6120a286d2a


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