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| Author: | Pike, R. Meerjanssen, J. Chadwick, L. |
| Title: | The appraisal of ordinary shares by investment analysts in the UK and Germany |
| Journal: | Accounting and Business Research
1993 : AUTUMN, VOL. 23:92, p. 489-499 |
| Index terms: | UNITED KINGDOM GERMANY INVESTMENT SHARES |
| Language: | eng |
| Abstract: | This paper reports the findings of a two-country survey of the approaches and to information used by investment analysts. It examines the changes in the ordinary share appraisal approaches adopted by UK analysts over the past decade, and investigates the differences between British and German analysts in share appraisal methods, goals and information sources. It is concluded that deregulation and introduction of new technology to the UK market has had little impact on the equity appraisal approach employed by analysts other than the greater reliance placed on personal contact with companies. |
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