A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia

Analyst report is one of the reference sources available to investors in enhancing their decision-making process of investment. Analyst report plays a significant role in recommending shares and disseminating market information to the investor. However, in the context of Malaysia, the analyst report...

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Main Authors: Thas Thaker, Hassanudin Mohd, Mohamad, Azhar, Omar, Azura, Mustaffa Kamil, Nazrol Kamil, Duasa, Jarita
Format: Article
Language:English
Published: Universiti Malaysia Sabah 2017
Subjects:
Online Access:http://irep.iium.edu.my/62241/
http://irep.iium.edu.my/62241/
http://irep.iium.edu.my/62241/1/Labuan%20Bulletin.pdf
id iium-62241
recordtype eprints
spelling iium-622412018-03-22T04:49:05Z http://irep.iium.edu.my/62241/ A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia Thas Thaker, Hassanudin Mohd Mohamad, Azhar Omar, Azura Mustaffa Kamil, Nazrol Kamil Duasa, Jarita HG4501 Stocks, investment, speculation Analyst report is one of the reference sources available to investors in enhancing their decision-making process of investment. Analyst report plays a significant role in recommending shares and disseminating market information to the investor. However, in the context of Malaysia, the analyst report tends to over-rely on quantitative information and statistical analyses in producing recommendations to investors. As a result, analyst report is deemed to have less predictive power from investors’ perspective. Using a semi-structured interview, we investigate the informational content of analyst report in Malaysia by conducting an in-depth interview with six respondents from institutional and retail investors. The findings from the interview reveal that the analyst report in Malaysia tends to disclose information based on simple statistical analyses to formulate recommendations, and tends to ignore other significant qualitative information. This study adds to the current literature by proposing an adaption of both quantitative and qualitative information as the mode of informational disclosure in the analyst report. Universiti Malaysia Sabah 2017-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/62241/1/Labuan%20Bulletin.pdf Thas Thaker, Hassanudin Mohd and Mohamad, Azhar and Omar, Azura and Mustaffa Kamil, Nazrol Kamil and Duasa, Jarita (2017) A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia. Labuan Bulletin of International Business and Finance, 15. pp. 1-21. ISSN 1675-7262 E-ISSN 2600-7894 http://wwwkal.ums.edu.my/lbibf/index.php/published-articles-downloadable/category/18-volume-15-2017
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG4501 Stocks, investment, speculation
spellingShingle HG4501 Stocks, investment, speculation
Thas Thaker, Hassanudin Mohd
Mohamad, Azhar
Omar, Azura
Mustaffa Kamil, Nazrol Kamil
Duasa, Jarita
A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia
description Analyst report is one of the reference sources available to investors in enhancing their decision-making process of investment. Analyst report plays a significant role in recommending shares and disseminating market information to the investor. However, in the context of Malaysia, the analyst report tends to over-rely on quantitative information and statistical analyses in producing recommendations to investors. As a result, analyst report is deemed to have less predictive power from investors’ perspective. Using a semi-structured interview, we investigate the informational content of analyst report in Malaysia by conducting an in-depth interview with six respondents from institutional and retail investors. The findings from the interview reveal that the analyst report in Malaysia tends to disclose information based on simple statistical analyses to formulate recommendations, and tends to ignore other significant qualitative information. This study adds to the current literature by proposing an adaption of both quantitative and qualitative information as the mode of informational disclosure in the analyst report.
format Article
author Thas Thaker, Hassanudin Mohd
Mohamad, Azhar
Omar, Azura
Mustaffa Kamil, Nazrol Kamil
Duasa, Jarita
author_facet Thas Thaker, Hassanudin Mohd
Mohamad, Azhar
Omar, Azura
Mustaffa Kamil, Nazrol Kamil
Duasa, Jarita
author_sort Thas Thaker, Hassanudin Mohd
title A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia
title_short A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia
title_full A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia
title_fullStr A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia
title_full_unstemmed A qualitative inquiry into the issues of information content of analysts' report: Evidence from Malaysia
title_sort qualitative inquiry into the issues of information content of analysts' report: evidence from malaysia
publisher Universiti Malaysia Sabah
publishDate 2017
url http://irep.iium.edu.my/62241/
http://irep.iium.edu.my/62241/
http://irep.iium.edu.my/62241/1/Labuan%20Bulletin.pdf
first_indexed 2023-09-18T21:28:15Z
last_indexed 2023-09-18T21:28:15Z
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