THE RELATIONSHIP BETWEEN ANALYST COVERAGE AND THE DISTRIBUTION OF SECURITY RETURNS
The current study investigates the relationship between analyst coverage and the moments of the return distribution. Results are presented to support a time-varying pattern in the premiums associated with the higher moments of returns, particularly for the fourth moment of the distribution. In add...
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| Language: | en en |
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2010
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| Online Access: | http://hdl.handle.net/1974/5994 |