Alexander Gabriel Kerl

University of Giessen - Department of Financial Services

Licher Str, 74

Giessen, 35394

Germany

SCHOLARLY PAPERS

17

DOWNLOADS
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SSRN RANKINGS

Top 9,144

in Total Papers Downloads

4,088

CITATIONS
Rank 16,341

SSRN RANKINGS

Top 16,341

in Total Papers Citations

21

Scholarly Papers (17)

1.

Do German Security Analysts Herd?

Financial Markets and Portfolio Management, Vol. 23, No. 1, pp. 3-29
Number of pages: 37 Posted: 06 Oct 2007 Last Revised: 13 Dec 2009
Marcel Naujoks, Kevin Aretz, Alexander Gabriel Kerl and Andreas Walter
Technische Universität München (TUM), Manchester Business School, University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 486 (46,198)
Citation 5

Abstract:

Earnings forecasting, financial analysts, herding behavior, German stock market

Sell-Side Analyst Research and Reported Conflicts of Interest

European Financial Management (Forthcoming)
Number of pages: 44 Posted: 05 Mar 2011 Last Revised: 19 Nov 2012
Daniel Arand and Alexander Gabriel Kerl
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 314 (77,321)
Citation 2

Abstract:

Target Prices, Stock Recommendations, Conflicts of Interest, Bias, Regulation

Sell‐Side Analyst Research and Reported Conflicts of Interest

European Financial Management, Vol. 21, Issue 1, pp. 20-51, 2015
Number of pages: 32 Posted: 29 Jan 2015
Daniel Arand and Alexander Gabriel Kerl
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 0
Citation 2

Abstract:

target prices, stock recommendations, conflicts of interest, bias, regulation

3.

Long-Run Performance Evaluation of Journalists' Stock Recommendations

Kredit und Kapital (2009), Volume 42, Issue 2, pp 213-243.
Number of pages: 38 Posted: 12 Jan 2007 Last Revised: 14 Nov 2012
Alexander Gabriel Kerl and Andreas Walter
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 310 (74,907)
Citation 1

Abstract:

Financial experts' recommendations, long-run performance evaluation, business media, journalism, private investors, German stock market, Neuer Markt

4.

Target Price Accuracy

BuR Business Research Journal, Vol. 1, No. 1, pp. 74-96, March 2011
Number of pages: 23 Posted: 14 Apr 2011
Alexander Gabriel Kerl
University of Giessen - Department of Financial Services
Downloads 297 (74,431)
Citation 3

Abstract:

analyst report, conflicts of interest, efficient capital markets, equity analysis, financial report, forecast accuracy, forecast deviation, information content, security analysis, target prices

5.

Analyst Research and Investor Reactions: Evidence from the 2008 Financial Crisis

Number of pages: 37 Posted: 10 Aug 2012 Last Revised: 23 Nov 2012
Daniel Arand and Alexander Gabriel Kerl
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 278 (63,286)

Abstract:

Financial Crisis, Analyst Reports, Forecast Accuracy, Abnormal Returns

6.

Never Judge a Book by Its Cover - What Security Analysts Have to Say Beyond Recommendations

Financial Markets and Portfolio Management (2008) Volume 22, Issue 4, pp 289-321.
Number of pages: 39 Posted: 24 Sep 2007 Last Revised: 14 Nov 2012
Andreas Walter and Alexander Gabriel Kerl
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 257 (92,846)
Citation 1

Abstract:

security analysts' reports, information production, market efficiency, stock recommendation, information content, target price, earnings forecast

7.

Star-Analysts’ Forecast Accuracy and the Role of Corporate Governance

Number of pages: 46 Posted: 04 Jan 2013 Last Revised: 28 Aug 2014
Alexander Gabriel Kerl and Martin Ohlert
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 243 (84,767)

Abstract:

investor protection, institutional investors, corporate governance, forecast accuracy, analyst reports, star-analyst, StarMine

When Do Sell-Side Analyst Reports Really Matter? Shareholder Protection, Institutional Investors and the Informativeness of Equity Research

European Financial Management, Forthcoming, Midwest Finance Association 2013 Annual Meeting
Number of pages: 48 Posted: 24 Apr 2012 Last Revised: 23 Jul 2013
Daniel Arand, Alexander Gabriel Kerl and Andreas Walter
University of Giessen - Department of Financial Services, University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 238 (104,689)
Citation 2

Abstract:

shareholder protection, institutional investors, analyst reports, regulation

When Do Sell‐Side Analyst Reports Really Matter? Shareholder Protection, Institutional Investors and the Informativeness of Equity Research

European Financial Management, Vol. 21, Issue 3, pp. 524-555, 2015
Number of pages: 32 Posted: 02 Jun 2015
Daniel Arand, Alexander Gabriel Kerl and Andreas Walter
University of Giessen - Department of Financial Services, University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 0
Citation 2

Abstract:

shareholder protection, institutional investors, analyst reports, regulation

9.

The Usual Suspects: The Effects of Attention on Journalists' Stock Recommendations

Applied Financial Economics Letters (2008) Volume 4, Issue 1-3, pp. 97-101 .
Number of pages: 11 Posted: 11 Jan 2007 Last Revised: 15 Nov 2012
Alexander Gabriel Kerl and Andreas Walter
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 224 (109,823)
Citation 2

Abstract:

Stock recommendations, attention hypothesis, journalists, momentum investment,

10.

Analyst Forecasts and European Mutual Fund Trading

Journal of Banking and Finance (2013) Volume 37, Issue 8, pp 2677-2692.
Number of pages: 49 Posted: 16 Aug 2012 Last Revised: 31 Jul 2013
Alexander Franck and Alexander Gabriel Kerl
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 218 (105,609)

Abstract:

Mutual fund trading, sell-side analyst reports, consensus forecasts, forecast dispersion, ownership structure, institutional investors, mutual fund performance

11.

The Impact of Financial Times Deutschland News on Stock Prices – Post Announcement Drifts and Inattention of Investors

Financial Markets and Portfolio Management (Forthcoming)
Number of pages: 38 Posted: 05 Jan 2013 Last Revised: 14 Apr 2014
Alexander Gabriel Kerl, Carolin Victoria Schürg and Andreas Walter
University of Giessen - Department of Financial Services, University of Giessen and University of Giessen - Department of Financial Services
Downloads 206 (103,801)

Abstract:

Underreaction, media coverage, news, abnormal trading volume, investor inattention

12.

Tagging the Triggers: An Empirical Analysis of Information Events Prompting Sell-Side Analyst Reports

Financial Markets and Portfolio Management (2012) Volume 26, Issue 2, pp 217-246 .
Number of pages: 29 Posted: 04 Oct 2011 Last Revised: 03 Mar 2014
Oscar Anselm Stolper, Alexander Gabriel Kerl and Andreas Walter
University of Marburg | Institute of Accounting and Finance, University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 167 (134,930)
Citation 1

Abstract:

analyst reports, trigger event, content analysis, target price, analyst recommendation, sell-side analyst

13.

What Makes an Analyst Report Influential?

Number of pages: 14 Posted: 22 Aug 2015
Leonie Herrmann and Alexander Gabriel Kerl
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 135 (134,246)

Abstract:

analyst report, stock recommendation, earnings forecast, price target, influential forecast

14.

Subjective Valuation and Target Price Accuracy

Number of pages: 43 Posted: 30 Oct 2012 Last Revised: 30 Oct 2014
Stefano Bonini and Alexander Gabriel Kerl
Stevens Institute of Technology - School of Business and University of Giessen - Department of Financial Services
Downloads 123 (155,238)

Abstract:

Target prices, equity research, forecast accuracy, multiple valuation, pseudo-target prices, boldness

15.

Analyst Herding and Investor Protection: A Cross-Country Study

Kerl, Alexander; Pauls, Thomas (2014): Analyst herding and investor protection: a cross-country study, in: Applied Financial Economics, Vol. 24, No. 8, p. 533–542. ,
Number of pages: 31 Posted: 13 Jan 2014 Last Revised: 12 Mar 2014
Alexander Gabriel Kerl and Thomas Pauls
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 114 (169,070)

Abstract:

Corporate Governance, Analyst Herding, Investor protection, Earnings Forecasts

16.

The Impact of Fund Characteristics on the Use of Analyst Forecasts

Journal of Asset Management (2014) Volume 15, pp 92-109.
Number of pages: 34 Posted: 01 May 2013 Last Revised: 21 May 2014
Alexander Franck and Alexander Gabriel Kerl
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services
Downloads 76 (237,841)

Abstract:

mutual fund trading, sell-side analyst reports, consensus forecasts, institutional investors

17.

Never Judge a Book by its Cover: What Security Analysts Have to Say Beyond Recommendations

Financial Markets and Portfolio Management, Vol. 22, No. 4, pp. 289-321, 2008
Posted: 18 Jun 2010
Alexander Gabriel Kerl and Andreas Walter
University of Giessen - Department of Financial Services and University of Giessen - Department of Financial Services

Abstract:

Security analysts’ reports, Information production, Stock recommendation, Target price, Earnings forecast