IDEAS home Printed from https://ideas.repec.org/a/vrs/pizeam/v16y2015i1p113-139n8.html
   My bibliography  Save this article

Stock Exchange Recommendations and Economic Realities

Author

Listed:
  • Pastusiak Radosław
  • Keller Jakub

    (University of Lodz)

Abstract

The aim of this paper is to present the impact of stock recommendations on the prices in the context of excessive optimism heuristic. The main goal of the conducted analysis is to show that investors on the Warsaw Stock Exchange seem to ignore the economic information that comes with the recommendation report. Also, as the analyzed recommendations are set in the specified economic conditions, authors would like to show that reports are biased with excessive optimism.

Suggested Citation

  • Pastusiak Radosław & Keller Jakub, 2015. "Stock Exchange Recommendations and Economic Realities," Przedsiębiorczość i Zarządzanie (Entrepreneurship and Management), Sciendo, vol. 16(1), pages 113-139, March.
  • Handle: RePEc:vrs:pizeam:v:16:y:2015:i:1:p:113-139:n:8
    DOI: 10.1515/eam-2015-0008
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/eam-2015-0008
    Download Restriction: no

    File URL: https://libkey.io/10.1515/eam-2015-0008?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:pizeam:v:16:y:2015:i:1:p:113-139:n:8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.