Do online stock recommendations add value to Malaysian stock brokerage customers? / Lai Ming Ming and Lau Siok Hwa

• Main Authors: Lai, Ming Ming, Lau, Siok Hwa
• Format: Article
• Language: English
• Published: Accounting Research Institute (ARI) & Faculty of Accountancy 2006
• Online Access: http://ir.uitm.edu.my/id/eprint/280/1/AJ_LAI%20MING%20MING%20MAR%2006.pdf; http://ir.uitm.edu.my/id/eprint/280/; https://mar.uitm.edu.my/

This paper examines online buy, sell, and hold recommendations provided by brokerage analysts in post dot-com bubble burst in Malaysia which has created the Multimedia Super Corridor. The results reveal significant value added factor of the online recommendations on stocks’ abnormal returns particul...