Information about bank intangibles, analyst information intermediation, and the role of knowledge and social forces in the 'market for information'

Chen, L., Danbolt, J. and Holland, J. (2018) Information about bank intangibles, analyst information intermediation, and the role of knowledge and social forces in the 'market for information'. Accounting Forum, 42(3), pp. 261-276. (doi: 10.1016/j.accfor.2018.08.002)

Abstract

Although developments in the sell-side analyst literature have revealed the role of intellectual capital (IC) in analysts’ work, the whole information intermediation progress of IC remains a “black box”. This paper develops an analyst information intermediation model, illustrating how ‘soft’ information changes through analyst acquisition, processing and disclosure of information. Bourdieu’s ideas of habitus, field and capital are used to develop our explanation of the analyst information intermediation model. We argue that the combination of empirical evidence and theoretical explanation provides a new and more comprehensive way to improve understanding of the role of analysts within knowledge and social contexts.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Chen, Dr Lei and Holland, Professor John
• Authors: Chen, L., Danbolt, J., and Holland, J.
• College/School: College of Social Sciences > Adam Smith Business School > Accounting and Finance
• Journal Name: Accounting Forum
• Publisher: Elsevier
• ISSN: 0155-9982
• ISSN (Online): 1467-6303
• Published Online: 24 August 2018
• Copyright Holders: Copyright © 2018 Elsevier Ltd.
• First Published: First published in Accounting Forum 42(3):261-276
• Publisher Policy: Reproduced in accordance with the copyright policy of the publisher