Leadership

When Star CEOs and Star Analysts Disagree, the Market Trusts the Analysts

Investors don’t weigh reputations equally.

by

and

Rich Gentry

by

and

Rich Gentry

April 18, 2016

What matters more for investors determining what a company is worth: the company’s reputation or the CEO’s? What about the reputation of the stock analyst who is covering the firm?

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SB

Steven Boivie is an associate professor in the Mays Business School at Texas A&M University. His research has been published in the Academy of Management Journal, Strategic Management Journal, Organization Science, Academy of Management Annals, and Journal of Management.
SG

Scott D. Graffin is a Professor and Synovus Chair in Servant Leadership at the University of Georgia’s Terry College of Business and also an International Research Fellow at Oxford University’s Centre for Corporate Reputation. He earned his Ph.D. at the University of Wisconsin, Madison. His research interests include corporate governance, as well as the influence of reputation and status on organization outcomes.
RG

Rich Gentry is an associate professor of Strategy and Entrepreneurship and Director of the Center for Innovation and Entrepreneurship at the University of Mississippi. Dr. Gentry’s work focuses on decision making biases in firm strategy and entrepreneurship. He has published papers in the Academy of Management Journal, Strategic Organization, Journal of Management Studies, Entrepreneurship Theory and Practice and the Strategic Management Journal.

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When Star CEOs and Star Analysts Disagree, the Market Trusts the Analysts

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