一、时间：9月9日10:00

二、地点：商学院214室

三、主讲人：Lily Chen Associate Professor

四、主题：Inside the Black Box of All-American Analyst Rankings

五、讲座简介

Each year, Institutional Investor (II) magazine surveys investors and selects All-American (AA) star analysts. Prior studies identify a range of analyst characteristics associated with All-Stars status but generally observe only the final public designations. Using proprietary II voting data, we examine the underlying voting process in greater detail. We find that voting reflects multiple dimensions of analyst characteristics, but the relative importance is highly uneven. Broker/platform resources and industry expertise together account for approximately 75%-81% of the explanatory power attributable to analyst characteristics, while conventional research-performance measures contribute relatively little. Voting is also a staged process, with a broader set of characteristics explaining entry into the Top 10 than advancement to the highest-ranking positions. Finally, voting-based scores predict future recognition and research performance.

六、主讲人简介

Dr. Lily Chen is an Associate Professor of Accounting at the research School if Accounting in the ANU collage of Business and Economics. Prior to joining ANU in 2023, she was a faculty member at the University of Auckland Business School, where she also obtained her PhD. Her research interests are in the areas of financial reporting and disclosure, financial analysis, corporate governance, corporate social responsibility, integrated reporting, and machine learning. Her research has been published in leading international journals, including The Accounting Review (UTD24), Accounting, Organizations and Society (FT50), Journal of Banking & Finance, etc.

Dr. Chen is an active contributor to the academic community, serving as an editor for Pacific Accounting Review and on the editorial boards of Accounting and Finance. She is also a board member of the Accounting and Finance Association of Australia and New Zealand. At ANU, she serves as the Research Seminar Series Convener.