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R&D Intensity and the Value of Analysts’ Recommendations*

2011· article· en· W3125805760 on OpenAlexvenueno aff
Dan Palmon, Ari Yezegel

Bibliographic record

VenueContemporary Accounting Research · 2011
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicAuditing, Earnings Management, Governance
Canadian institutionsnot available
Fundersnot available
KeywordsValue (mathematics)Library scienceCitationAccountingPolitical scienceManagementEconomicsMathematicsComputer scienceStatistics

Abstract

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Contemporary Accounting ResearchVolume 29, Issue 2 p. 621-654 R&D Intensity and the Value of Analysts’ Recommendations* DAN PALMON, DAN PALMON Rutgers UniversitySearch for more papers by this authorARI YEZEGEL, ARI YEZEGEL Bentley UniversitySearch for more papers by this author DAN PALMON, DAN PALMON Rutgers UniversitySearch for more papers by this authorARI YEZEGEL, ARI YEZEGEL Bentley UniversitySearch for more papers by this author First published: 25 June 2011 https://doi.org/10.1111/j.1911-3846.2011.01117.xCitations: 30 † Accepted by Jeffrey Callen. We would like to thank Sudipta Basu (discussant), Jeffrey Callen (associate editor), Alia Crocker, Rani Hoitash, Pyungkyung Kang, Ann Medinets, Bharat Sarath, Ephraim F. Sudit, the anonymous referees of this Journal, and seminar participants at Bentley University, Lehigh University, Penn State at Great Valley, and the University of Delaware for their valuable comments and suggestions. We also benefited from comments of participants at the American Accounting Association 2008 Annual Meeting and American Accounting Association 2009 Northeast Region Meeting. This research was supported in part by a Faculty Research Grant from Rutgers Business School—Newark and New Brunswick. Ari Yezegel acknowledges the generous financial support provided by Bentley University through the FAC grant. All errors are the authors’ responsibility. Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume29, Issue2Summer 2012 (June)Pages 621-654 RelatedInformation

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.008
metaresearch head score (Gemma)0.016
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMetaresearch
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.594
Threshold uncertainty score0.993

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0080.016
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.001
Scholarly communication0.0000.002
Open science0.0010.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.093
GPT teacher head0.307
Teacher spread0.215 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations82
Published2011
Admission routes1
Has abstractyes

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