Prévisions d’analystes financiers et ordre de grandeur des prix : une approche expérimentale

Autor: Marc Willinger, Wael Bousselmi, Tristan Roger, Patrick Roger

Publikováno v: Revue Economique
Revue Economique, Presses de Sciences Po, 2021, 72 (5), pp.843-870. ⟨10.3917/reco.725.0843⟩

International audience; Recent empirical research in accounting and finance shows that the magnitudeof stock prices influences analysts’ price forecasts (Roger, Roger et Schatt [2018]).In this paper, we report the results of a novel experiment wher

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1b2d6d25d1eea4d042ba36002b6c8c7a
https://doi.org/10.3917/reco.725.0843

Number sense, trading decisions and mispricing: An experiment

Autor: Tristan Roger, Patrick Roger, Marc Willinger

Publikováno v: Journal of Economic Dynamics and Control
Journal of Economic Dynamics and Control, Elsevier, In press, pp.104293. ⟨10.1016/j.jedc.2021.104293⟩
Journal of Economic Dynamics and Control, Elsevier, 2022, pp.104293. ⟨10.1016/j.jedc.2021.104293⟩

International audience; We show that the acuity of the Approximate Number System (ANS), a cognitive system that allows humans and many animal species to evaluate quantities without using exact calculations, is a strong predictor of subjects’ earnin

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d1fe24d1df620f4c5aca736303c95a61
https://hal.inrae.fr/hal-03518593

What drives retail portfolio exposure to ESG factors?

Autor: Catherine D'Hondt, Tristan Roger, Maxime Merli

Publikováno v: Finance Research Letters
Finance Research Letters, Elsevier, 2021, pp.102470. ⟨10.1016/j.frl.2021.102470⟩
Finance Research Letters, Elsevier, 2021, article 102470, ⟨10.1016/j.frl.2021.102470⟩

International audience; Using both survey and trading data from 9,286 retail investors for the 2005–2011 period, we highlight the impact of financial literacy and risk tolerance on retail stock portfolio exposure to environmental, social and corpor

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::edc1ea2d76107c28b1bee3e592d05e34
https://hal.archives-ouvertes.fr/hal-03373287

A re-examination of analysts’ differential target price forecasting ability

Autor: Patrice Fontaine, Tristan Roger

Publikováno v: Finance
Finance, Presses universitaires de Grenoble, 2020, 41 (1), pp.53. ⟨10.3917/fina.411.0053⟩

Nous contestons l’opinion selon laquelle les differences persistantes de precision entre les differents analystes sont la preuve que les analystes se distinguent par leur capacite a prevoir les cours des actions. Nous montrons que ces differences p

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f709de2b6aff41fd02db240a8fee6ed1
https://hal.archives-ouvertes.fr/hal-03062278

The coverage assignments of financial analysts

Autor: Tristan Roger

Publikováno v: Accounting and Business Research. 48:651-673

Previous studies document that forecast accuracy impacts analyst career outcomes. This paper investigates the influence of forecast accuracy on coverage assignments. I show that brokerage houses re...

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::00dc95159a77f9db593518ef058732d0
https://doi.org/10.1080/00014788.2017.1416452