Are Small Investors Naive About Incentives?*

Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors

Brad M. Barber, Terrance Odean · The Journal of Finance · 2000 · 3.6K citations

Empirical Finance, Market Microstructure, Asset Pricing +16

Do Brokerage Analysts' Recommendations Have Investment Value?

Kent L. Womack · The Journal of Finance · 1996 · 1.8K citations

New Buy, Portfolio Management, Sell Recommendations +17

Conflict of Interest and the Credibility of Underwriter Analyst Recommendations

Roni Michaely, Kent L. Womack · Review of Financial Studies · 1999 · 1.6K citations

Underwriter Analysts, Market Manipulation, Underwriter Analyst Recommendations +12

Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts

Harrison Hong, Jeffrey D. Kubik · The Journal of Finance · 2003 · 1.5K citations

Favorable Job Separations, Job Separations, Accounting +10

Underwriting relationships, analysts' earnings forecasts and investment recommendations

Hsiou‐Wei William Lin, Maureen F. McNichols · Journal of Accounting and Economics · 1998 · 1.3K citations · Full text

Growth Forecasts, Behavioral Finance, Security Analysis +7