Publication:

The Role of Stock Indices in Analyst Career Outcomes and Stock Recommendations

Date

Date

Date
2023
Working Paper

Citations

Citation copied

Pohl, S., & Pursiainen, V. (2023). The Role of Stock Indices in Analyst Career Outcomes and Stock Recommendations (No. 23–50; Swiss Finance Institute Research Paper). https://doi.org/10.2139/ssrn.4414198

Abstract

Abstract

Abstract

Random changes in firms' stock index membership have important implications on sell-side analysts' career outcomes. Covered firms moving from the bottom of Russell 1000 to the top of Russell 2000 significantly increase an analyst's likelihood of moving to a high-status broker or receiving a career-first All-Star Analyst nomination - particularly for early-career analysts. This is reflected in analyst recommendations. For firms that are just above the index threshold - that might move to Russell 2000 if their share price decreases slig

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32 since deposited on 2023-09-20
Acq. date: 2025-11-12

Citations

Additional indexing

Creators (Authors)

  • Pohl, Stefan
  • Pursiainen, Vesa

Series Name

Series Name

Series Name
Swiss Finance Institute Research Paper

Institution

Institution

Institution

Item Type

Item Type

Item Type
Working Paper

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Scope

Scope

Scope
Discipline-based scholarship (basic research)

Language

Language

Language
English

Publication date

Publication date

Publication date
2023-06-22

Date available

Date available

Date available
2023-09-20

Number of pages

Number of pages

Number of pages
55

OA Status

OA Status

OA Status
Closed

Free Access at

Free Access at

Free Access at
DOI

Other Identification Number

Other Identification Number

Other Identification Number
merlin-id:23653

Metrics

Views

32 since deposited on 2023-09-20
Acq. date: 2025-11-12

Citations

Citations

Citation copied

Pohl, S., & Pursiainen, V. (2023). The Role of Stock Indices in Analyst Career Outcomes and Stock Recommendations (No. 23–50; Swiss Finance Institute Research Paper). https://doi.org/10.2139/ssrn.4414198

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