SHORT-TERM EFFECTS OF ANALYSTS RECOMMENDATIONS IN SPANISH BLUE CHIPS RETURNS AND TRADING VOLUMES

The purpose of this paper is to investigate the effects of stock recommendations in returns and trading volumes. Unlike previous research we have investigated the five most usual types of recommendations: buy outperform, hold, under-perform and sell. The methodology we propose is also different from...

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Autores principales: García Blandón,Josep, Argilés Bosch,Josep María
Lenguaje:English
Publicado: Universidad de Chile. Departamento de Economía 2009
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862009000100002
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