Book Review: Wall Street Research: Past, Present, and Future

pid_22872Boris Groysberg, Paul M. Healy : Wall Street Research: Past, Present, and Future. Stanford, CA: Stanford University Press, 2013. 181 pp. $39.95, cloth.

Mary Benner of the Carlson School of Management at University of Minnesota recently reviewed Wall Street Research: Past, Present, and Future” in the OnlineFirst section of Administrative Science Quarterly.

From the Review:

Groysberg and Healy’s book is useful for scholars studying analysts. Questions often arise for those of us doing research on sell-side analysts: ASQ_v59n4_Dec2014_cover.inddWhat do analysts do? How are they managed? What are their incentives? Fortunately, we can now go to chapter 2 of this book, titled “What Do Analysts Do and How Are They Managed?” The book provides some useful insights into the incentives analysts face and differences in the incentives faced by sell-side analysts (those working for investment banks or brokerage firms) and buy-side analysts (those working for institutional investors). Similarly, discussions about the timing and content of the Global Settlement and Regulation Fair Disclosure are important for understanding the major shifts in analysts’ incentives and coverage induced by changes in the law. This is useful for researchers thinking about the potential exogenous changes affecting how analysts are funded and how they do their jobs.

You can read the rest of the review from Administrative Science Quarterlyfor free by clicking here. Want to know about all the latest research from Administrative Science Quarterly? Click here to sign up for e-alerts!

This entry was posted in Book Review, Careers, Cultural Research, Employees, Finance, Jobs, Motivation, Organizational Research, Organizational Studies, Research and Publishing and tagged , , by Cynthia Nalevanko, Senior Editor, SAGE Publishing. Bookmark the permalink.

About Cynthia Nalevanko, Senior Editor, SAGE Publishing

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 1500 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, Washington DC, and Melburne, our publishing program includes more than 1000 journals and over 900 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s