Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
In the Bull's eye of Sell-Side Analysts Value Creation:: Beyond intermediation of information
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering.ORCID iD: 0000-0002-3377-6177
Göteborgs Universitet.
2019 (English)Conference paper, Oral presentation only (Refereed)
Abstract [en]

Globalization and digitalization are two critical trends as game changers in the stock market that also expect to impact on the sell-side analysts’ role in front of  investors’. A relevant question to pose is whether financial analysts’ are a dying art of practice due to sophisticated digital analyses where geographical distance doesn’t matter anymore. The purpose of this paper is to increase the knowledge of the sell-side analysts’ value creation processes in the globalized and digital era. The article is based on an empirical study of 25 sell-side financial analysts and their work with value creation. Findings indicate that the social capital become even more important in the competitive game of finding unique investment opportunities. Financial analyst operating in highly competitive environments applies strategies beyond the role of merely acting as information intermediaries. There is more than enough information available while information and analyses needs to be selected and interpreted for becoming relevant and adding value for the investors’ decision making. Information need to be contextualized. The analysts’ role as facilitators in investment decision implies acting as enablers of information, generating of analyses, sense-making actors and co-creators in front of the investors. The art of developing social capital is central for bonding with the clients and to assure for future businesses. Valuable assets of social capital are made available through development of cognitive social capital, relational social capital and structural social capital. We find that analysts as a profession not is a dying art but instead is part of the game changing in stock market and that social capital is crucial for analysts role as facilitators in investors decision making processes.

Place, publisher, year, edition, pages
2019.
National Category
Business Administration
Research subject
Entrepreneurship and Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-76334OAI: oai:DiVA.org:ltu-76334DiVA, id: diva2:1359571
Conference
42nd Annual Congress of the European Accounting Association, 29-31 May, 2019, Paphos, Cyprus
Available from: 2019-10-09 Created: 2019-10-09 Last updated: 2021-10-24Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

http://www.eaa2019.eaacongress.org/

Authority records

Johansson, Jeaneth

Search in DiVA

By author/editor
Johansson, Jeaneth
By organisation
Business Administration and Industrial Engineering
Business Administration

Search outside of DiVA

GoogleGoogle Scholar

urn-nbn

Altmetric score

urn-nbn
Total: 277 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf