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Further Evidence On The Value Of Professional Investment Research

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  • Kenneth L. Stanley
  • Wilbur G. Lewellen
  • Gary G. Schlarbaum

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  • Kenneth L. Stanley & Wilbur G. Lewellen & Gary G. Schlarbaum, 1981. "Further Evidence On The Value Of Professional Investment Research," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 4(1), pages 1-9, March.
    • Handle: RePEc:bla:jfnres:v:4:y:1981:i:1:p:1-9
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1981.tb00285.x
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    References listed on IDEAS

    as
    1. Schlarbaum, Gary G & Lewellen, Wilbur G & Lease, Ronald C, 1978. "Realized Returns on Common Stock Investments: The Experience of Individual Investors," The Journal of Business, University of Chicago Press, vol. 51(2), pages 299-325, April.
    2. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    3. John Lintner, 1965. "Security Prices, Risk, And Maximal Gains From Diversification," Journal of Finance, American Finance Association, vol. 20(4), pages 587-615, December.
    4. Fama, Eugene F & MacBeth, James D, 1973. "Risk, Return, and Equilibrium: Empirical Tests," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 607-636, May-June.
    5. William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
    6. Lloyd-Davies, Peter & Canes, Michael, 1978. "Stock Prices and the Publication of Second-Hand Information," The Journal of Business, University of Chicago Press, vol. 51(1), pages 43-56, January.
    7. Lease, Ronald C & Lewellen, Wilbur G & Schlarbaum, Gary G, 1974. "The Individual Investor: Attributes and Attitudes," Journal of Finance, American Finance Association, vol. 29(2), pages 413-433, May.
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    Cited by:

    1. Rama Prasad Kanungo, 2004. "Security Analysts and Market Reaction:Caveat for Monitoring," Finance 0411039, University Library of Munich, Germany.
    2. Joseph K. Cheung, 1990. "Discussion of “On the incentives for security analysts to revise their earnings forecasts†," Contemporary Accounting Research, John Wiley & Sons, vol. 7(1), pages 223-226, September.

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