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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Universiti Malaysia Sabah
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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 |
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HG4501 Stocks, investment, speculation |
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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 |
_version_ |
1777412336565354496 |