This paper examines the performance of foreign and local analysts’ stock recommendations in Indonesia, Malaysia … frequently advanced explanations regarding relative performance of foreign and local analysts hold during the period of extreme …

Purpose – The purpose of this paper is to document performance of analysts’ recommendations in the Middle East and …-announcement market-adjusted returns as a measure of performance and computes returns for different holding periods. Significant positive …

greater obstacles in accessing an educated workforce have lower performance than other firms. The findings are robust to the … alternate measures of performance (capacity utilization, layoffs, cash flows, and ability to meet obligations) are also … performance is through higher productivity, lower costs, increased innovation, and efficient decision making. Our findings also …