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Page 1: ccgfp.hkbu.edu.hk...Does an Asset Management Firm's Stock Holding Arising from Buy-Side Analysts' Stock Recommenda- tions Induce Forecast Optimism? Hun-Tong Tan (Nanyang Technological

Page 2: ccgfp.hkbu.edu.hk...Does an Asset Management Firm's Stock Holding Arising from Buy-Side Analysts' Stock Recommenda- tions Induce Forecast Optimism? Hun-Tong Tan (Nanyang Technological

Page 3: ccgfp.hkbu.edu.hk...Does an Asset Management Firm's Stock Holding Arising from Buy-Side Analysts' Stock Recommenda- tions Induce Forecast Optimism? Hun-Tong Tan (Nanyang Technological

Page 4: ccgfp.hkbu.edu.hk...Does an Asset Management Firm's Stock Holding Arising from Buy-Side Analysts' Stock Recommenda- tions Induce Forecast Optimism? Hun-Tong Tan (Nanyang Technological

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