Contribution of sell-side equity analyst reports to client’s return and stock price efficiency: Indonesia stock market evidence

The present study investigates whether equity analyst reports benefit clients and improve stock price efficiency. Companyfocus reports issued and documented by six brokerage companies in Indonesia are collected and the analysis focuses on the revisions of stock recommendations (upgrade, downgrade, o...

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Bibliographic Details
Main Authors: Ekaputra, Irwan Adi, Susilawati, C. Erna, Utama, Cynthia Afriani
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2013
Online Access:http://journalarticle.ukm.my/6955/
http://journalarticle.ukm.my/6955/
http://journalarticle.ukm.my/6955/1/3624-8085-1-PB.pdf

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