The problems of an investment analyst—: and their implications for the capital market

Abstract

Investment analysis is still a young and imperfect science, but the opinions of the analyst are often crucial in deciding what new issues the capital market is prepared to accept. Is the analyst using the correct criteria to assess a share or company loan stock? If not, there is some doubt whether companies who can use capital most efficiently are those most likely to be able to obtain it from the market.

Citation

PATTEN, C. (1967), "The problems of an investment analyst—: and their implications for the capital market", Management Decision, Vol. 1 No. 2, pp. 52-55. https://doi.org/10.1108/eb000791